Southwest Airlines Company (LUV)

Payables turnover

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Cost of revenue (ttm) US$ in thousands 23,169,000 22,940,000 22,902,000 22,879,000 23,022,000 23,416,000 23,113,000 22,536,000 21,870,000 20,939,000 20,495,000 19,988,000 19,064,000 18,071,000 16,349,000 14,398,000 11,674,000 10,162,000 9,594,000 8,681,000
Payables US$ in thousands 1,991,000 503,000 278,000 396,000 339,000 389,000 330,000 281,000 265,000 329,000 305,000 272,000 277,000 279,000 395,000 320,000 156,000 234,000 219,000 169,000
Payables turnover 11.64 45.61 82.38 57.78 67.91 60.20 70.04 80.20 82.53 63.64 67.20 73.49 68.82 64.77 41.39 44.99 74.83 43.43 43.81 51.37

December 31, 2025 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $23,169,000K ÷ $1,991,000K
= 11.64