Resideo Technologies Inc (REZI)
Payables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 4,860,000 | 4,546,000 | 4,604,000 | 4,285,000 | 3,758,000 |
Payables | US$ in thousands | — | — | — | — | — |
Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $4,860,000K ÷ $—K
= —
The payables turnover ratio for Resideo Technologies Inc is not available for the years provided (2020 to 2024). This ratio is a measure of how efficiently the company is managing its trade payables by comparing the average accounts payable to the cost of goods sold. Without this data, we are unable to assess the company's ability to pay off its suppliers and manage its payables effectively. It is important for the company to disclose this information in order for stakeholders to have a complete picture of its financial performance and liquidity management.