GXO Logistics Inc (GXO)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 9,853,000 | 8,396,000 | 7,772,000 | 6,972,000 | 5,492,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $9,853,000K ÷ $—K
= —
Based on the provided data, GXO Logistics Inc's payables turnover for the years ending December 31, 2020, 2021, 2022, 2023, and 2024 is not available. The payables turnover ratio is a metric used to evaluate how efficiently a company is managing its accounts payable. Without specific values for the ratio, it is difficult to assess the company's ability to pay its suppliers or the speed at which it settles its outstanding payables. In order to conduct a more comprehensive analysis of GXO Logistics Inc's financial performance and management of its payables, additional information or data points would be required.
Peer comparison
Dec 31, 2024