Newell Brands Inc (NWL)
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 | 5,016,000 | 5,138,000 | 5,297,000 | 5,545,000 | 5,730,000 | 6,010,000 | 6,182,000 | 6,316,000 | 6,641,000 | 6,926,000 | 7,266,000 | 7,384,000 | 7,293,000 | 7,128,000 | 6,974,000 | 6,594,000 | 6,306,000 | 6,272,400 | 6,127,300 | 6,050,200 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,016,000K ÷ $—K
= —
Based on the provided data, the payables turnover for Newell Brands Inc is not available for the periods from March 31, 2020, to December 31, 2024. In the absence of specific figures for accounts payable turnover, it is difficult to assess the efficiency of the company in managing its payables and how quickly it is paying off its creditors.
The payables turnover ratio is a financial metric that indicates how well a company is managing its accounts payable by comparing the amount of purchases made on credit to the average accounts payable during a specific period. A higher payables turnover ratio generally indicates that the company is paying its suppliers more quickly, while a lower ratio may suggest that the company is taking longer to settle its payables.
Without the payables turnover data, it is challenging to evaluate Newell Brands Inc's ability to effectively manage its accounts payable and gauge its liquidity position. Financial analysts and stakeholders typically use this ratio to assess the efficiency of a company's working capital management and its relationships with suppliers. Given the unavailability of the payables turnover information, further analysis of Newell Brands Inc's financial performance and liquidity may require additional data and metrics.
Peer comparison
Dec 31, 2024