LCI Industries (LCII)
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 | 2,861,493 | 2,904,254 | 2,957,082 | 2,965,502 | 3,008,618 | 3,079,564 | 3,210,222 | 3,540,763 | 3,933,844 | 4,107,749 | 4,142,452 | 3,851,501 | 3,429,662 | 3,094,016 | 2,786,578 | 2,347,492 | 2,090,076 | 1,945,917 | 1,790,375 | 1,873,767 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,861,493K ÷ $—K
= —
The payables turnover ratio for LCI Industries is not available for all the periods provided, from March 31, 2020, to December 31, 2024. This could be due to several reasons such as incomplete data in the financial statements, changes in accounting practices, or specific circumstances within the company that affect the calculation of this ratio.
The payables turnover ratio indicates how efficiently a company is managing its trade credit with suppliers by measuring how many times during a period its payables are paid. A higher ratio typically suggests that the company is paying its suppliers more frequently, which can be indicative of good relationships with suppliers or efficient working capital management. On the other hand, a lower ratio may imply that the company is holding onto payables for an extended period, which could potentially strain supplier relationships.
Without the specific payables turnover figures for LCI Industries, it is challenging to assess the company's ability to manage its payables effectively. It would be beneficial to have more complete financial data to perform a thorough analysis of the payables turnover ratio and its implications for the company's financial performance and liquidity management.
Peer comparison
Dec 31, 2024