Insteel Industries Inc (IIIN)

Payables turnover

Sep 30, 2025 Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021
Cost of revenue US$ in thousands 554,268 479,566 583,790 629,522 469,053
Payables US$ in thousands 48,173 37,487 34,346 46,796 49,443
Payables turnover 11.51 12.79 17.00 13.45 9.49

September 30, 2025 calculation

Payables turnover = Cost of revenue ÷ Payables
= $554,268K ÷ $48,173K
= 11.51