Lear Corporation (LEA)
Payables turnover
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cost of revenue (ttm) | US$ in thousands | 22,403,100 | 21,966,900 | 21,449,500 | 20,635,400 | 20,330,300 | 19,944,500 | 19,121,700 | 18,750,000 | 18,686,800 | 13,833,800 | 9,623,400 | 7,807,000 | 7,044,100 | 11,784,600 | 16,298,700 | 18,262,300 | 18,880,200 | 18,751,800 | 18,755,800 | 19,166,000 |
Payables | US$ in thousands | 3,434,200 | 3,556,500 | 3,641,300 | 3,578,900 | 3,206,100 | 3,278,000 | 3,110,700 | 3,209,800 | 2,952,400 | 2,870,000 | 2,886,500 | 3,132,700 | 3,141,600 | 2,943,400 | 1,902,600 | 2,496,500 | 2,821,700 | 2,986,800 | 3,060,800 | 3,094,400 |
Payables turnover | 6.52 | 6.18 | 5.89 | 5.77 | 6.34 | 6.08 | 6.15 | 5.84 | 6.33 | 4.82 | 3.33 | 2.49 | 2.24 | 4.00 | 8.57 | 7.32 | 6.69 | 6.28 | 6.13 | 6.19 |
December 31, 2023 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $22,403,100K ÷ $3,434,200K
= 6.52
I'm sorry, but without the specific data for payables turnover for Lear Corp. provided in the table, I am unable to perform a detailed analysis. Please provide me with the accurate figures for payables turnover for each quarter, and I will be able to conduct a thorough analysis for you.
Peer comparison
Dec 31, 2023
Company name
Symbol
Payables turnover
Lear Corporation
LEA
6.52
Adient PLC
ADNT
5.91
American Axle & Manufacturing
AXL
7.67
Aptiv PLC
APTV
5.85
Autoliv Inc
ALV
4.63
BorgWarner Inc
BWA
—
Dana Inc
DAN
5.85
Dorman Products Inc
DORM
9.14
Gentex Corporation
GNTX
9.05
Gentherm Inc
THRM
6.17
LCI Industries
LCII
16.38