Ingredion Incorporated (INGR)
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 | 5,503,000 | 5,673,000 | 5,894,000 | 6,151,000 | 6,411,000 | 6,526,000 | 6,563,000 | 6,589,000 | 6,452,000 | 6,281,000 | 6,072,000 | 5,813,000 | 5,563,000 | 5,339,000 | 5,075,000 | 4,758,000 | 4,715,000 | 4,700,000 | 4,754,000 | 4,897,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,503,000K ÷ $—K
= —
The payables turnover ratio for Ingredion Incorporated is not available in the provided data for the period from March 31, 2020, to December 31, 2024. The payables turnover ratio is a measure that indicates how efficiently a company manages its trade credit in paying its suppliers.
A high payables turnover ratio typically suggests that a company is managing its accounts payable effectively by paying its suppliers quickly, which may indicate strong liquidity and good relationships with suppliers. On the other hand, a low payables turnover ratio could imply that the company is taking too long to pay its suppliers, which may lead to strained relationships or missed opportunities for early payment discounts.
Without the specific data points for the payables turnover ratio for Ingredion Incorporated, it is not possible to provide an in-depth analysis of how the company manages its payables relative to its industry peers or historical performance. It is important for stakeholders to monitor this ratio over time to assess changes in the company's payment practices and financial health.
Peer comparison
Dec 31, 2024