JB Hunt Transport Services Inc (JBHT)

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 10,416,370 10,787,040 10,880,450 10,839,080 10,859,450 10,900,710 11,459,180 12,066,760 12,341,480 12,262,190 11,730,670 11,014,730 10,298,490 9,689,500 9,143,730 8,468,000 8,186,700 7,901,370 7,756,150 7,825,560
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $10,416,370K ÷ $—K
= —

The payables turnover ratio of JB Hunt Transport Services Inc has been reported as "—" for all the quarters from March 31, 2020, to December 31, 2024. This indicates that specific data related to payables turnover is not available or not applicable for the company during this period.

The payables turnover ratio is an important financial ratio that measures how efficiently a company is managing its payables with its suppliers. A high payables turnover ratio is generally favorable as it suggests that the company is paying its suppliers promptly, which can improve relationships and potentially lead to discounts or better terms.

Without specific numerical data on JB Hunt Transport Services Inc's payables turnover, it is challenging to assess how effectively the company is managing its payables during the given period. Further information or additional financial data would be necessary to conduct a more thorough analysis and evaluate the company's payables management practices.