L3Harris Technologies Inc (LHX)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 15,801,000 | 14,306,000 | 12,135,000 | 12,438,000 | 12,886,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $15,801,000K ÷ $—K
= —
The payables turnover ratio for L3Harris Technologies Inc is not available for the years December 31, 2020 through December 31, 2024. This ratio measures how efficiently a company is managing its accounts payable by comparing the amount of purchases made on credit to the average accounts payable balance. As the data is unavailable, it is not possible to assess the company's payment trends or efficiency in managing its suppliers during these periods.
Peer comparison
Dec 31, 2024
Company name
Symbol
Payables turnover
L3Harris Technologies Inc
LHX
—
Garmin Ltd
GRMN
10.41
Nextracker Inc. Class A Common Stock
NXT
3.69
Northrop Grumman Corporation
NOC
1.56
Teledyne Technologies Incorporated
TDY
—