Newell Brands Inc (NWL)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 5,034,000 | 5,780,000 | 6,625,000 | 7,293,000 | 6,306,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $5,034,000K ÷ $—K
= —
Based on the provided data, Newell Brands Inc's payables turnover ratio for the years 2020 to 2024 is not available (indicated as "—"). The payables turnover ratio is a financial metric that measures how efficiently a company manages its accounts payable by comparing the average accounts payable to the cost of goods sold.
Since the payables turnover data is not available for the specified years, it is not possible to analyze Newell Brands Inc's ability to pay off its suppliers or assess how quickly the company is managing its payables. Without this key ratio, it is challenging to evaluate the company's liquidity, working capital management, and potential cash flow constraints related to its payables.
It is recommended for stakeholders and investors to seek additional information or updated financial reports that include the payables turnover ratio for a more comprehensive analysis of Newell Brands Inc's financial performance and payment practices to suppliers.
Peer comparison
Dec 31, 2024