Packaging Corp of America (PKG)

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 6,600,300 6,451,700 6,297,800 6,167,600 6,103,400 6,103,700 6,187,900 6,329,000 6,387,300 6,392,400 6,274,300 6,056,900 5,857,200 5,704,900 5,563,800 5,348,500 5,288,700 5,244,500 5,235,500 5,351,700
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $6,600,300K ÷ $—K
= —

The payables turnover ratio for Packaging Corp of America is not available for the periods listed in the data provided. The payables turnover ratio measures how effectively a company manages its accounts payable by comparing the cost of goods sold to its average accounts payable balance during a specific period.

Without the specific data for payables turnover, it is challenging to assess the efficiency of Packaging Corp of America in managing its payables and how quickly it is paying off its suppliers. This ratio is crucial as it indicates the relationship between the company's purchases on credit and its payment to suppliers.

Further information on the payables turnover ratio would be needed to evaluate the company's liquidity, supplier relationships, and overall financial performance regarding its management of accounts payable.


Peer comparison

Dec 31, 2024