Lincoln Electric Holdings Inc (LECO)
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 | 2,535,728 | 2,569,803 | 2,605,706 | 2,654,769 | 2,726,191 | 2,661,657 | 2,619,795 | 2,568,766 | 2,480,451 | 2,429,095 | 2,341,655 | 2,257,992 | 2,165,575 | 2,058,521 | 1,973,740 | 1,822,644 | 1,784,059 | 1,814,892 | 1,853,823 | 1,959,601 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,535,728K ÷ $—K
= —
Based on the provided data for Lincoln Electric Holdings Inc, the payables turnover ratio is not available for analysis as the values are not provided. The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its trade credit with suppliers. It shows how many times during a period the company pays off its accounts payable on average.
Without specific figures for the payables turnover ratio, it is not possible to assess Lincoln Electric's efficiency in managing its payables relative to its purchases. A higher payables turnover ratio generally indicates a shorter time it takes for the company to pay its suppliers, which may suggest sound financial management and good relationships with suppliers.
However, a lower payables turnover ratio may indicate a longer payable period, potential cash flow management issues, or difficulties in negotiating favorable credit terms with suppliers.
It is important for companies to monitor their payables turnover ratio to ensure effective working capital management and maintain positive relationships with suppliers while optimizing cash flow and liquidity.
Peer comparison
Dec 31, 2024