Knight Transportation Inc (KNX)

Payables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	5,606,420	5,177,270	5,017,860	4,030,070	3,217,670
Payables	US$ in thousands	329,697	355,173	220,849	224,844	101,001
Payables turnover		17.00	14.58	22.72	17.92	31.86

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $5,606,420K ÷ $329,697K
= 17.00

Based on the provided data, it appears that Knight Transportation Inc has not disclosed its payables turnover ratio for the years ending December 31, 2020 through December 31, 2024. Without this information, it is not possible to analyze the efficiency of the company's payables management or its ability to effectively manage its outstanding supplier obligations over these periods. Investors and stakeholders may be interested in further details or explanations behind the absence of this financial metric in the company's reporting.

Peer comparison

Dec 31, 2024

Company name

Symbol

Payables turnover

Knight Transportation Inc

KNX

17.00

Schneider National Inc

SNDR

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