Polaris Industries Inc (PII)
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 | 5,747,700 | 6,176,800 | 6,549,100 | 6,703,300 | 6,988,800 | 6,993,300 | 7,034,600 | 6,911,400 | 6,761,400 | 6,655,500 | 6,368,000 | 6,345,400 | 6,255,500 | 6,136,600 | 6,062,700 | 5,676,000 | 5,317,700 | 5,023,920 | 4,939,020 | 5,102,790 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,747,700K ÷ $—K
= —
The payables turnover ratio for Polaris Industries Inc is not available for the periods provided in the data. This ratio indicates how efficiently a company is managing its accounts payable by measuring the number of times a company pays its average accounts payable balance during a period. A higher 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 pay its bills.
Without specific data points for the payables turnover ratio, it is challenging to assess Polaris Industries Inc's ability to manage its accounts payable effectively. Companies often strive to strike a balance between maintaining good relationships with suppliers through timely payments and optimizing their working capital management by extending payment terms where possible. Monitoring the payables turnover ratio over time can provide insights into a company's liquidity, operational efficiency, and relationships with its suppliers.