PHINIA Inc. (PHIN)

Payables turnover

Dec 31, 2024 Dec 31, 2023
Cost of revenue US$ in thousands 3,152,000 3,231,000
Payables US$ in thousands 522,000 639,000
Payables turnover 6.04 5.06

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $3,152,000K ÷ $522,000K
= 6.04