Kirby Corporation (KEX)

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	2,378,131	2,451,418	2,422,660	2,406,712	2,391,578	2,359,955	2,378,780	2,354,991	2,262,384	2,161,527	2,058,697	1,949,331	1,866,679	1,780,323	1,675,885	1,639,315	1,730,739	1,859,181	1,976,607	2,167,154
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,378,131K ÷ $—K
= —

The payables turnover ratio for Kirby Corporation is not available for the period from March 31, 2020, to December 31, 2024, as indicated by the data provided. Payables turnover is a financial ratio that measures how efficiently a company is managing its payables by comparing the cost of goods sold to its average accounts payable balance.

Without the specific values for accounts payable and cost of goods sold, we are unable to calculate the payables turnover ratio for Kirby Corporation. However, it is important to note that a higher payables turnover ratio generally indicates that the company is paying its suppliers more quickly, which can be a sign of good financial health and efficient operations.

Given the absence of data, it is recommended that further analysis of Kirby Corporation's financial statements be conducted to gain a better understanding of its payable turnover performance and how it compares to industry benchmarks.