Lear Corporation (LEA)

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 21,692,400 21,800,900 21,984,600 21,937,500 21,756,500 21,319,800 20,821,300 20,010,200 19,481,600 19,091,100 18,268,300 17,896,500 17,871,200 18,046,300 18,462,100 16,674,700 15,936,600 15,643,500 15,551,900 17,509,400
Payables US$ in thousands — — — — — — — — — — — — — — — — — — — —
Payables turnover — — — — — — — — — — — — — — — — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $21,692,400K ÷ $—K
= —

The payables turnover ratio for Lear Corporation is not available for the period from March 31, 2020, to December 31, 2024, based on the provided data. The payables turnover ratio is a financial metric that indicates how efficiently a company pays its suppliers. A higher payables turnover ratio suggests that the company is paying its suppliers more quickly, which may indicate strong liquidity or efficient working capital management. Conversely, a lower payables turnover ratio might imply that the company is taking longer to pay its suppliers, potentially signaling liquidity issues or strained supplier relationships.

Without the specific values for payables turnover, a detailed analysis of how Lear Corporation manages its payables and liquidity cannot be provided. It is important for companies to effectively manage their payables turnover ratio to maintain healthy supplier relationships, optimize working capital, and ensure overall financial stability.