Packaging Corp of America (PKG)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 6,600,200 | 6,103,500 | 6,387,400 | 5,857,300 | 5,288,800 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $6,600,200K ÷ $—K
= —
The payables turnover ratio for Packaging Corp of America is not available for the years 2020 to 2024 based on the provided data. The absence of this ratio for multiple consecutive years implies that we are unable to assess the company's efficiency in managing its accounts payables during this period. Payables turnover ratio is a vital metric used to evaluate how effectively a company is paying its suppliers, and the lack of this information makes it challenging to gauge the company's liquidity management and relationships with its creditors. The absence of data may either be due to unavailability or specific circumstances within the company's operations or accounting practices.
Peer comparison
Dec 31, 2024