Hanesbrands Inc (HBI)
Payables turnover
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cost of revenue (ttm) | US$ in thousands | 2,286,906 | 2,632,123 | 3,126,460 | 3,483,501 | 3,386,628 | 3,568,687 | 3,635,577 | 3,620,700 | 4,012,543 | 4,125,854 | 4,107,854 | 4,236,168 | 4,149,538 | 4,740,958 | 4,842,618 | 4,878,708 | 4,816,090 | 4,184,310 | 4,147,390 | 4,127,870 |
Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,286,906K ÷ $—K
= —
Based on the provided data, it appears that the payables turnover ratio for Hanesbrands Inc is not available for the specified periods ranging from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its short-term liabilities and paying its suppliers. The ratio is calculated by dividing the total purchases or cost of goods sold by the average accounts payable during a specific period.
Since the payables turnover ratio data is missing for the mentioned periods, it is challenging to assess the company's payment performance to its suppliers and the efficiency of its payables management during those times. Analysts typically use the payables turnover ratio to understand how quickly a company pays off its suppliers relative to their terms, as well as to assess the working capital management practices of the business. Without this information, it is difficult to provide a detailed analysis of Hanesbrands Inc's payables turnover and its implications for the company's financial health and operational efficiency.