RXO Inc. (RXO)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 3,854,000 | 3,269,000 | 3,624,000 | 3,681,000 | 2,568,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $3,854,000K ÷ $—K
= —
The payables turnover ratio for RXO Inc. has been consistent at a value of "—", indicating that the company did not provide specific data on accounts payable and cost of goods sold for the years 2020 to 2024. Payables turnover ratio is a financial metric typically used to evaluate how efficiently a company manages its outstanding supplier invoices. Without the specific turnover values for the mentioned years, it is difficult to assess the company's ability to pay off its creditors in a timely manner relative to its cost of goods sold. The lack of data hinders a comprehensive analysis of RXO Inc.'s payables turnover performance over the specified periods.
Peer comparison
Dec 31, 2024