LKQ Corporation (LKQ)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 8,744,000 | 8,291,000 | 7,571,000 | 7,766,070 | 7,035,560 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $8,744,000K ÷ $—K
= —
Given that the payables turnover ratio data for LKQ Corporation is not available for the years 2020 to 2024, it is not possible to analyze the efficiency of the company in managing its accounts payable during this period. The payables turnover ratio is a key financial metric that indicates how many times a company pays off its accounts payable in a given period. Without this information, it is challenging to evaluate LKQ Corporation's ability to effectively manage its payables and its relationships with suppliers during the specified years.