ODP Corp (ODP)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 5,545,000 | 6,070,000 | 6,643,000 | 6,602,000 | 7,578,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $5,545,000K ÷ $—K
= —
Based on the data provided for ODP Corp, there seems to be no information available for the payables turnover ratio for the years ending on December 31, 2020 to December 31, 2024. The payables turnover ratio is a financial metric that measures how efficiently a company is managing its payments to suppliers and vendors.
Without specific figures for each year, it is difficult to assess ODP Corp's ability to pay its suppliers in a timely manner or to understand the relationship between its accounts payable and cost of goods sold. Companies with a higher payables turnover ratio often indicate better liquidity and efficient management of working capital.
In the absence of data, it is recommended for ODP Corp to review its financial reporting practices to ensure that key financial ratios, including payables turnover, are accurately disclosed in future financial statements for stakeholders to assess the company's operational efficiency and liquidity position.
Peer comparison
Dec 31, 2024