Pitney Bowes Inc (PBI)
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 | 1,382,690 | 1,742,087 | 2,212,120 | 2,187,492 | 2,195,546 | 2,233,083 | 2,276,623 | 2,368,865 | 2,418,294 | 2,498,126 | 2,521,271 | 2,509,701 | 2,504,504 | 2,521,892 | 2,528,585 | 2,483,408 | 2,358,061 | 2,159,244 | 2,030,484 | 1,968,701 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,382,690K ÷ $—K
= —
The payables turnover ratio measures how efficiently a company is managing its trade payables by comparing the amount of purchases made on credit to the average accounts payable during a specific period.
In this case, the data provided does not include specific figures for the payables turnover ratio for Pitney Bowes Inc for all the listed dates from March 31, 2020, to December 31, 2024.
A high payables turnover ratio generally indicates that the company is paying its suppliers quickly, which could be a sign of good financial health as it may indicate effective cash management and strong supplier relationships. On the other hand, an extremely low ratio may suggest that the company is taking too long to pay its suppliers, which could potentially strain supplier relationships and result in unfavorable credit terms in the future.
Without specific values for Pitney Bowes Inc's payables turnover over the given period, it is not possible to provide a detailed analysis of how the company is managing its trade payables. It would be important to calculate the payables turnover ratio for each period using the formula: Payables turnover ratio = Purchases / Average Accounts Payable. By tracking this ratio over time, investors and analysts can gain insights into Pitney Bowes Inc's payment practices and financial health.