Shake Shack Inc (SHAK)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 678,690 | 689,141 | 518,942 | 433,376 | 310,149 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $678,690K ÷ $—K
= —
The data provided indicates that the payables turnover ratio for Shake Shack Inc has been missing or not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. Without this specific ratio, it is challenging to assess the efficiency with which Shake Shack manages its accounts payable and pays off its suppliers.
A payables turnover ratio would typically reflect how many times a company pays off its suppliers within a certain period. A higher ratio suggests that the company is effectively managing its payables by paying suppliers promptly, while a lower ratio may indicate a longer payment period or potential liquidity concerns.
Due to the absence of the payables turnover data, a detailed analysis of Shake Shack's efficiency in managing its payables and supplier relationships cannot be conducted for the specified years. Therefore, further information or additional financial data would be necessary to evaluate Shake Shack's performance in this aspect effectively.
Peer comparison
Dec 31, 2024