Knight Transportation Inc (KNX)
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 | 6,516,250 | 6,702,040 | 6,514,730 | 6,122,570 | 5,752,090 | 5,313,450 | 5,336,510 | 5,562,290 | 5,654,010 | 5,654,040 | 5,453,320 | 5,005,530 | 4,585,484 | 4,221,428 | 3,912,557 | 3,750,740 | 3,704,744 | 3,700,863 | 3,764,334 | 3,919,901 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $6,516,250K ÷ $—K
= —
The payables turnover ratio for Knight Transportation Inc is not available in the provided data for the period March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that measures how efficiently a company manages its payments to suppliers. It indicates how many times a company pays off its average accounts payable balance during a particular period.
Without access to the actual payables turnover ratio values for Knight Transportation Inc, it is difficult to assess the company's ability to effectively manage its payables and maintain good relationships with its suppliers. A high payables turnover ratio typically suggests that a company is paying its suppliers quickly, while a low ratio may indicate that the company is taking a longer time to settle its payables.
In a comprehensive analysis, it is essential to consider the payables turnover ratio alongside other financial metrics to gain a complete understanding of Knight Transportation Inc's liquidity, operational efficiency, and overall financial health. Additional financial ratios, trend analysis, and industry benchmarks would provide further insights into the company's performance and financial position.
Peer comparison
Dec 31, 2024