RXO Inc. (RXO)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,751,000 | 3,054,000 | 2,917,000 | 2,923,000 | 3,046,000 | 3,145,000 | 3,260,000 | 3,441,000 | 3,624,000 | 3,833,000 | 3,934,000 | 3,890,000 | 3,701,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,751,000K ÷ $—K
= —
The payables turnover ratio for RXO Inc. has been consistently reported as "—", indicating that specific data for payables turnover is not available or disclosed in the financial statements for the periods provided. Without the exact figures for accounts payable and cost of goods sold, it is not possible to calculate the payables turnover ratio.
Payables turnover is a key financial ratio that measures how quickly a company pays its suppliers. A high payables turnover ratio may suggest that the company is managing its payables efficiently by paying off its debts promptly, while a low ratio could indicate that the company is taking longer to pay its suppliers.
In the case of RXO Inc., further analysis or additional information would be needed to assess the efficiency of the company's payables management and its impact on the overall financial health and working capital management of the business. It is recommended to monitor this ratio over time to evaluate changes in the company's payment practices and supplier relationships.
Peer comparison
Dec 31, 2024