JetBlue Airways Corp (JBLU)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,642,000 | 8,711,000 | 7,686,000 | 5,687,000 | 4,082,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $4,642,000K ÷ $—K
= —
The payables turnover ratio for JetBlue Airways Corp for the years from December 31, 2020, to December 31, 2024, is indicated as "—". This suggests that the company's payables turnover for these years is not provided or is not applicable based on the available data.
Without the specific values for the payables turnover ratio, it is challenging to assess the efficiency with which JetBlue Airways is managing its accounts payable. The payables turnover ratio helps in understanding how quickly a company is paying off its suppliers relative to the amount of purchases made on credit.
A low payables turnover ratio may indicate that the company is taking a longer time to pay its suppliers, which could potentially strain relationships or lead to missed discounts. On the other hand, a high payables turnover ratio could suggest that the company is efficiently managing its payables, making timely payments, and potentially taking advantage of early payment discounts.
Given the lack of data, further insight into JetBlue Airways' payables management efficiency through the payables turnover ratio cannot be provided at this time. Additional information or historical data would be needed to perform a more detailed analysis and draw meaningful conclusions regarding the company's accounts payable management.
Peer comparison
Dec 31, 2024