Resideo Technologies Inc (REZI)

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 4,882,000 4,678,000 4,511,000 4,522,000 4,558,000 4,563,000 4,614,000 4,667,000 4,608,000 4,537,000 4,429,000 4,306,000 4,285,000 4,305,000 4,217,000 3,914,000 3,758,000 3,692,000 3,637,000 3,790,000
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,882,000K ÷ $—K
= —

Based on the provided data, Resideo Technologies Inc's payables turnover ratio is not available for all the reported periods up to December 31, 2024. The payables turnover ratio is a liquidity ratio that measures how many times a company pays off its average accounts payable balance during a certain period.

The absence of data for the payables turnover ratio can make it challenging to assess the efficiency of Resideo Technologies Inc in managing its accounts payable and the company's relationships with suppliers. A higher payables turnover ratio generally indicates that the company is paying off its suppliers more quickly, which can sometimes suggest favorable credit terms or efficient cash management.

However, without the specific payables turnover ratio values, it is not possible to provide a detailed analysis of Resideo Technologies Inc's payables turnover performance over time. Investors and analysts may need to wait for updated information to fully evaluate the company's payables management practices.