JB Hunt Transport Services Inc (JBHT)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 10,024,000 | 10,619,500 | 12,341,500 | 10,298,500 | 8,186,700 |
| Payables | US$ in thousands | 645,925 | 737,364 | 798,776 | 772,736 | 587,510 |
| Payables turnover | 15.52 | 14.40 | 15.45 | 13.33 | 13.93 |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $10,024,000K ÷ $645,925K
= 15.52
Based on the provided data, JB Hunt Transport Services Inc's payables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. This lack of information on the payables turnover makes it challenging to assess how efficiently the company is managing its trade payables relative to its cost of goods sold. Payables turnover ratio is a key metric that helps evaluate the effectiveness of a company's accounts payable management. In the absence of specific data, it is advised to explore additional financial information or reach out to the company directly for a more comprehensive analysis of JB Hunt Transport Services Inc's payables turnover.
Peer comparison
Dec 31, 2024