Patrick Industries Inc (PATK)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 2,879,790 2,685,810 3,821,930 3,276,900 2,027,580
Payables US$ in thousands — — — — —
Payables turnover — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $2,879,790K ÷ $—K
= —

The payables turnover ratio for Patrick Industries Inc is not provided for the years 2020 to 2024. This ratio is crucial for assessing how efficiently the company is managing its payments to suppliers in relation to its cost of goods sold. Without this information, it is difficult to evaluate the effectiveness of Patrick Industries Inc in managing its accounts payable turnover over the years. It is recommended to look for additional data or seek clarification from the company to provide a more comprehensive analysis of its payables turnover performance.