Illinois Tool Works Inc (ITW)
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 | 8,883,000 | 8,974,000 | 9,063,000 | 9,120,000 | 9,316,000 | 9,313,000 | 9,365,000 | 9,413,000 | 9,429,000 | 9,311,000 | 9,036,000 | 8,807,000 | 8,489,000 | 8,298,000 | 8,112,000 | 7,543,000 | 7,375,000 | 7,397,000 | 7,494,000 | 7,999,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $8,883,000K ÷ $—K
= —
The payables turnover ratio for Illinois Tool Works Inc is not available for the periods provided in the data. The payables turnover ratio is a financial metric that indicates how many times a company pays off its accounts payable during a certain period. It is calculated by dividing the total purchases by the average accounts payable during the period.
Since the payables turnover ratio data is not provided, we are unable to analyze the efficiency of Illinois Tool Works Inc in managing its accounts payable and how quickly it pays off its suppliers. Payables turnover ratios are important as they can provide insights into a company's liquidity, operational efficiency, and relationships with its suppliers.
In the absence of specific data on the payables turnover ratio for Illinois Tool Works Inc, it is recommended to review additional financial statements or consult external sources to further assess the company's payables management practices and financial performance.
Peer comparison
Dec 31, 2024