Knife River Corporation (KNF)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,329,180 | 2,291,420 | 2,187,460 | 1,881,980 | 1,807,420 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,329,180K ÷ $—K
= —
Based on the provided data for Knife River Corporation, the payables turnover ratio for the years from December 31, 2020, to December 31, 2024, is not available ("—"). This lack of information on payables turnover makes it challenging to assess the efficiency with which Knife River Corporation is managing its accounts payable during this period.
The payables turnover ratio indicates how many times a company pays off its accounts payable during a specific period. A higher payables turnover ratio typically suggests that the company is efficiently managing its payables by paying suppliers promptly. Conversely, a lower ratio may indicate inefficiencies in managing payables or potential liquidity issues.
Given that the payables turnover data is not provided for the analyzed years, a detailed assessment of Knife River Corporation's ability to manage its payables effectively cannot be made. It would be beneficial for stakeholders and analysts to have access to this information to gain insights into the company's liquidity management and payment practices.
Peer comparison
Dec 31, 2024