Hawkins Inc (HWKN)
Payables turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 748,893 | 733,321 | 721,788 | 717,621 | 725,526 | 740,437 | 757,136 | 769,314 | 769,979 | 764,213 | 734,376 | 685,548 | 628,021 | 572,588 | 534,166 | 503,180 | 473,109 | 451,653 | 435,893 | 432,938 |
| Payables | US$ in thousands | 61,195 | 39,891 | 50,956 | 47,795 | 56,387 | 42,857 | 61,192 | 55,598 | 53,705 | 50,573 | 60,887 | 56,376 | 66,693 | 44,021 | 43,004 | 38,052 | 37,313 | 31,160 | 32,708 | 31,069 |
| Payables turnover | 12.24 | 18.38 | 14.16 | 15.01 | 12.87 | 17.28 | 12.37 | 13.84 | 14.34 | 15.11 | 12.06 | 12.16 | 9.42 | 13.01 | 12.42 | 13.22 | 12.68 | 14.49 | 13.33 | 13.93 |
March 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $748,893K ÷ $61,195K
= 12.24
The payables turnover ratio for Hawkins Inc has shown some fluctuation over the past few years, ranging from a low of 9.42 to a high of 18.38. It measures how efficiently the company is managing its trade payables by calculating how many times a company pays off its average accounts payable balance during a period.
A higher payables turnover ratio indicates that the company is paying off its suppliers more frequently, which could suggest shorter credit periods or strong bargaining power with suppliers. On the other hand, a lower ratio may indicate that the company is taking longer to pay its suppliers, potentially straining supplier relationships.
Hawkins Inc's payables turnover ratio appears to have experienced some variability, signaling potential changes in the company's payment practices or relationships with suppliers. It would be advisable for stakeholders to monitor this ratio closely to understand the company's liquidity management and supplier dynamics.
Peer comparison
Mar 31, 2025