Honeywell International Inc (HON)
Payables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 23,836,000 | 22,995,000 | 23,825,000 | 23,394,000 | 22,169,000 |
Payables | US$ in thousands | — | — | — | — | — |
Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $23,836,000K ÷ $—K
= —
The payables turnover ratio for Honeywell International Inc is not available for the years provided (December 31, 2020 to December 31, 2024). This ratio is used to evaluate how efficiently the company is managing its payables by measuring how many times during a period a company pays off its average accounts payable balance. Without this information, it is challenging to assess the effectiveness of Honeywell's accounts payable management over the specified years.
Peer comparison
Dec 31, 2024
Company name
Symbol
Payables turnover
Honeywell International Inc
HON
—
Adient PLC
ADNT
5.39
American Axle & Manufacturing
AXL
—
Aptiv PLC
APTV
6.50
Autoliv Inc
ALV
—
BorgWarner Inc
BWA
—
Dana Inc
DAN
—
Dorman Products Inc
DORM
—
Gentex Corporation
GNTX
10.04
Gentherm Inc
THRM
5.79
LCI Industries
LCII
—