Lamb Weston Holdings Inc (LW)
Payables turnover
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | May 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 4,943,200 | 5,233,600 | 4,965,100 | 4,908,500 | 4,941,000 | 4,981,700 | 5,092,900 | 5,196,100 | 5,255,100 | 5,337,600 | 5,027,600 | 4,671,600 | 4,251,000 | 3,745,600 | 3,742,100 | 3,723,400 | 3,727,400 | 3,740,900 | 3,622,600 | 3,475,100 |
| Payables | US$ in thousands | — | — | — | — | 833,800 | — | 684,100 | — | 834,500 | — | 678,500 | — | 636,600 | — | 453,100 | — | 580,600 | — | 462,700 | — |
| Payables turnover | — | — | — | — | 5.93 | — | 7.44 | — | 6.30 | — | 7.41 | — | 6.68 | — | 8.26 | — | 6.42 | — | 7.83 | — |
February 28, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,943,200K ÷ $—K
= —
Lamb Weston Holdings Inc's payables turnover ratio has fluctuated over the analyzed periods, indicating varying efficiencies in managing its accounts payable.
The payables turnover ratio is calculated by dividing the total purchases made on credit by the average accounts payable during a specific period. A higher payables turnover ratio generally suggests that the company is paying off its suppliers more quickly, which can be a sign of good financial health and efficient operations.
Based on the provided data, Lamb Weston Holdings Inc's payables turnover ratio ranged between 5.93 and 8.26 across the different reporting periods. The highest turnover ratio of 8.26 was observed on February 26, 2023, while the lowest ratio of 5.93 occurred on May 26, 2024.
The payables turnover ratio being "—", represents periods where data was not available, therefore, making it difficult to draw concrete conclusions for those specific dates.
Overall, the trend of the payables turnover ratio for Lamb Weston Holdings Inc indicates fluctuations in the company's ability to manage its accounts payable efficiently. Further analysis and comparison with industry benchmarks would be beneficial to assess the company's performance in this area.
Peer comparison
Feb 28, 2025