Hilton Grand Vacations Inc (HGV)
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 | 821,000 | 538,000 | 518,000 | 491,000 | 441,000 | 263,000 | 283,000 | 315,000 | 368,000 | 565,000 | 545,000 | 471,000 | 359,000 | 453,000 | 395,000 | 373,000 | 378,000 | 161,000 | 167,000 | 174,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $821,000K ÷ $—K
= —
Based on the provided data, it appears that the payables turnover ratio for Hilton Grand Vacations Inc is not available for the periods from March 31, 2020, to December 31, 2024. The absence of data for this financial metric limits our ability to assess the efficiency of the company in managing its payables.
The payables turnover ratio is a financial metric that evaluates how efficiently a company pays its suppliers. A higher payables turnover ratio typically indicates that the company is paying its suppliers more quickly, which can be a positive sign. On the other hand, a lower ratio may suggest that the company is taking longer to pay its suppliers, potentially straining relationships and affecting its liquidity position.
Given the lack of specific values for the payables turnover ratio in the provided data, a comprehensive analysis of Hilton Grand Vacations Inc's payables turnover performance over time is not feasible. It would be helpful to have actual numerical data for the calculation of this ratio to better understand the company's payment behavior and its impact on liquidity and supplier relationships.