Knife River Corporation (KNF)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,329,175 | 2,320,464 | 2,309,165 | 2,310,679 | 2,291,388 | 2,236,178 | 2,206,136 | 2,182,408 | 2,187,455 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,329,175K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for Knife River Corporation is represented as "— " (not available) for each period from December 31, 2022, to December 31, 2024. This lack of information prevents us from conducting a detailed analysis of Knife River Corporation's payables turnover.
In general, the payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its accounts payable by measuring the number of times a company pays its average accounts payable balance within a specific period. A higher payables turnover ratio usually indicates that a company is paying its suppliers more quickly, which can sometimes suggest favorable relationships with suppliers or effective working capital management.
However, without specific data points for Knife River Corporation's payables turnover, we are unable to assess the company's ability to manage its payables effectively or compare its performance over time or with industry peers. It may be helpful for stakeholders and investors to have access to this critical financial metric for a more comprehensive understanding of the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024