Lincoln Electric Holdings Inc (LECO)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,535,760 | 2,713,940 | 2,480,450 | 2,165,580 | 1,784,060 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,535,760K ÷ $—K
= —
Based on the data provided, Lincoln Electric Holdings Inc's payables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. This indicates that specific information on how quickly the company is paying its suppliers or how efficiently it is managing its accounts payable is not directly accessible from the data provided. It is important to note that payables turnover is a measure of how well a company is managing its outstanding payments to suppliers, so the lack of this data may limit a comprehensive analysis of Lincoln Electric's liquidity and working capital management. Further information or additional financial data would be needed to evaluate this aspect of the company's financial performance accurately.
Peer comparison
Dec 31, 2024