Granite Construction Incorporated (GVA)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 3,434,880 | 3,112,740 | 2,931,760 | 2,704,500 | 3,217,670 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $3,434,880K ÷ $—K
= —
The payables turnover ratio for Granite Construction Incorporated is not available for the years spanning from December 31, 2020, to December 31, 2024, as indicated by the notation "—". The payables turnover ratio is a key financial metric that provides insights into how efficiently a company is managing its payables. Without this data, it is challenging to evaluate Granite Construction Incorporated's ability to effectively manage its accounts payable and its relationships with suppliers during this period. It is recommended for the company to provide this information to facilitate a more comprehensive analysis of its financial performance.
Peer comparison
Dec 31, 2024