Shake Shack Inc (SHAK)
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 | Sep 23, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 957,839 | 1,048,326 | 934,737 | 820,305 | 714,576 | 584,750 | 634,096 | 682,634 | 656,947 | 641,287 | 554,661 | 462,713 | 433,376 | 406,751 | 366,419 | 314,084 | 284,032 | 273,304 | 282,550 | 313,097 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 22,354 | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 12.64 | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $957,839K ÷ $—K
= —
Based on the provided data, Shake Shack Inc's payables turnover ratio for September 23, 2020, is 12.64. This ratio indicates that the company's payables turnover is relatively high, suggesting that Shake Shack is efficient in paying off its suppliers or creditors within a short period. A high payables turnover ratio can be a positive sign as it may indicate effective working capital management and good relationships with suppliers. However, it's important to note that the absence of data for the other periods makes it challenging to analyze the trend of Shake Shack's payables turnover over time. To conduct a more comprehensive analysis, data for additional periods would be necessary to identify any consistent patterns or changes in the company's payables turnover performance.
Peer comparison
Dec 31, 2024