Altria Group (MO)
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 | 6,077,000 | 6,141,000 | 6,183,000 | 6,262,000 | 6,259,000 | 6,266,000 | 6,403,000 | 6,430,000 | 6,442,000 | 6,640,000 | 6,783,000 | 6,957,000 | 7,119,000 | 7,257,000 | 7,360,000 | 7,253,000 | 7,818,000 | 7,627,000 | 7,581,000 | 7,680,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $6,077,000K ÷ $—K
= —
The payables turnover ratio for Altria Group has been reported as not available from March 31, 2020, to December 31, 2024. This ratio is typically used to assess how efficiently a company is managing its accounts payable by measuring how many times a company pays off its average accounts payable balance during a period.
Without the specific payables turnover ratios provided in the data, it is challenging to analyze Altria Group's performance in this specific area over the stated period. Generally, a higher payables turnover ratio indicates that a company is paying its suppliers more frequently, while a lower ratio may suggest delayed payment terms or challenges in managing supplier relationships.
To gain a more comprehensive understanding of the company's financial health and efficiency in managing its payables, additional financial data and ratios would be required for a more in-depth analysis and comparison within the industry.
Peer comparison
Dec 31, 2024