Leggett & Platt Incorporated (LEG)
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 | 3,646,400 | 3,698,300 | 3,751,100 | 3,806,500 | 3,888,900 | 3,941,400 | 4,044,200 | 4,109,900 | 4,169,900 | 4,252,200 | 4,251,400 | 4,185,900 | 4,034,300 | 3,890,200 | 3,767,900 | 3,466,400 | 3,385,700 | 3,334,800 | 3,357,800 | 3,602,500 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,646,400K ÷ $—K
= —
The payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its trade credit obligations. Unfortunately, the data provided for Leggett & Platt Incorporated does not contain any specific figures for the payables turnover ratio for the period from March 31, 2020, to December 31, 2024.
The payables turnover ratio is typically calculated by dividing the total purchases made by a company by its average accounts payable over a specific period. A higher payables turnover ratio indicates that the company is able to pay off its suppliers more quickly, which could suggest effective cash management or good relationships with suppliers.
Without the specific data points for Leggett & Platt's payables turnover ratio, it is challenging to provide a detailed analysis of how the company manages its accounts payable. Ideally, a trend analysis over multiple periods could help identify any improvements or deteriorations in the efficiency of payables management.
In case the data becomes available in the future, calculating and analyzing the payables turnover ratio for Leggett & Platt Incorporated could provide valuable insights into the company's liquidity, working capital management, and relationships with suppliers.
Peer comparison
Dec 31, 2024