KBR Inc (KBR)
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 | 7,263,000 | 6,884,000 | 6,741,000 | 6,649,000 | 6,540,000 | 6,437,000 | 6,289,000 | 6,188,000 | 6,229,000 | 7,092,000 | 7,331,000 | 7,246,000 | 7,008,000 | 5,900,000 | 5,363,000 | 5,171,000 | 5,101,000 | 5,082,000 | 5,131,000 | 5,150,000 |
| Payables | US$ in thousands | 777,000 | 737,000 | 676,000 | 669,000 | 593,000 | 687,000 | 726,000 | 755,000 | 637,000 | 557,000 | 647,000 | 630,000 | 1,026,000 | 964,000 | 633,000 | 600,000 | 574,000 | 584,000 | 593,000 | 693,000 |
| Payables turnover | 9.35 | 9.34 | 9.97 | 9.94 | 11.03 | 9.37 | 8.66 | 8.20 | 9.78 | 12.73 | 11.33 | 11.50 | 6.83 | 6.12 | 8.47 | 8.62 | 8.89 | 8.70 | 8.65 | 7.43 |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $7,263,000K ÷ $777,000K
= 9.35
The payables turnover ratio for KBR Inc has shown fluctuating trends over the past few years. The ratio has exhibited an increasing pattern from March 31, 2020, to September 30, 2022, indicating that the company was managing its accounts payable more efficiently during this period. However, from September 30, 2022, to December 31, 2024, the ratio started to decline, suggesting a potential slowdown in the company's ability to pay off its payables.
The peak in the payables turnover ratio was observed on December 31, 2022, at 12.73, indicating that KBR Inc was able to turn over its payables more than 12 times during that period. Conversely, the lowest ratio was recorded on September 30, 2021, at 6.12, signaling a slowdown in the company's payables management during that quarter.
Overall, the payables turnover ratio for KBR Inc has shown variability, which may require further investigation to understand the underlying factors driving the fluctuations. A high payables turnover ratio typically indicates that a company is efficient in managing its payables, while a low ratio could suggest potential liquidity or operational issues.
Peer comparison
Dec 31, 2024