RB Global Inc. (RBA)

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 2,494,423 2,539,860 2,553,460 2,451,001 2,024,537 1,550,020 1,191,994 834,004 776,701 722,496 669,753 618,608 594,785 629,462 628,907 641,424 615,590 589,392 592,708 610,212
Payables US$ in thousands — — — — — — — — — — — — — — — — — — — —
Payables turnover — — — — — — — — — — — — — — — — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,494,423K ÷ $—K
= —

The payables turnover ratio of RB Global Inc. indicates how efficiently the company is managing its accounts payable. A higher payables turnover ratio suggests that the company is paying off its suppliers more quickly, which can sometimes indicate advantageous credit terms or strong cash flow management.

However, based on the provided data showing a payables turnover ratio of "—", it appears that specific financial information needed to calculate this ratio is not available for the periods mentioned. Without this data, it is challenging to provide a detailed analysis of RB Global Inc.'s payables turnover performance.

To gain a better understanding of the company's payables turnover and its implications for liquidity and operational efficiency, it would be necessary to have access to the accounts payable balance and the cost of goods sold figures for the corresponding periods. These details are critical for calculating the payables turnover ratio accurately.

In conclusion, the absence of specific data points for the payables turnover ratio hinders a comprehensive analysis of RB Global Inc.'s accounts payable management and efficiency in paying off its suppliers. Further financial information would be required to evaluate the company's performance in this area effectively.