Sprouts Farmers Market LLC (SFM)
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 | 4,841,520 | 4,683,350 | 4,566,390 | 4,426,030 | 4,315,550 | 4,241,120 | 4,160,650 | 4,109,490 | 4,055,650 | 4,011,478 | 3,974,002 | 3,930,794 | 3,890,657 | 3,944,889 | 3,967,814 | 4,026,032 | 4,089,469 | 3,971,697 | 3,942,365 | 3,863,189 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,841,520K ÷ $—K
= —
The payables turnover ratio for Sprouts Farmers Market LLC is not available for any of the specified periods in the data provided. The payables turnover ratio is a financial metric that is calculated by dividing the total purchases made on credit by the average accounts payable during a specific period. This ratio is used to evaluate how efficiently a company is managing its payments to suppliers and vendors.
Without the payables turnover ratio data, it is challenging to assess Sprouts Farmers Market LLC's efficiency in paying its suppliers and managing its accounts payable. An increasing payables turnover ratio generally indicates that the company is paying its suppliers more quickly, which can be a positive sign of strong financial management. Conversely, a decreasing payables turnover ratio may suggest that the company is taking longer to pay its suppliers, which could potentially strain supplier relationships or indicate cash flow issues.
It is advisable for stakeholders and investors to monitor the payables turnover ratio over time to gain insights into the company's financial health, working capital management, and relationships with suppliers. Given the absence of data in this instance, it would be beneficial for the company to provide this information in the future for a more comprehensive analysis of its financial performance.
Peer comparison
Dec 31, 2024