RXO Inc. (RXO)
Payables turnover
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Cost of revenue | US$ in thousands | 3,589,000 | 4,299,000 |
| Payables | US$ in thousands | 414,000 | 501,000 |
| Payables turnover | 8.67 | 8.58 |
December 31, 2023 calculation
Payables turnover = Cost of revenue ÷ Payables
= $3,589,000K ÷ $414,000K
= 8.67
Peer comparison
Dec 31, 2023
Company name
Symbol
Payables turnover
RXO Inc.
RXO
8.67
Booking Holdings Inc
BKNG
3.48
Expedia Group Inc.
EXPE
8.18
GATX Corporation
GATX
—
GXO Logistics Inc
GXO
12.93
Verra Mobility Corp
VRRM
3.57
XPO Logistics Inc
XPO
7.30