Sherwin-Williams Co (SHW)

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 11,903,400 11,882,900 11,948,400 12,108,600 12,293,800 12,587,000 12,844,500 12,899,500 12,823,800 12,709,500 12,258,600 11,803,700 11,401,900 10,879,600 10,539,400 9,966,100 9,679,100 9,539,400 9,514,600 9,815,920
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $11,903,400K ÷ $—K
= —

The payables turnover ratio for Sherwin-Williams Co is not provided in the data provided. The payables turnover ratio is a financial metric used to evaluate how efficiently a company pays its suppliers. It is calculated by dividing the total purchases or cost of goods sold by the average accounts payable balance.

A higher payables turnover ratio indicates that a company is paying its suppliers more quickly, which may be seen as favorable as it suggests efficient cash management and good relationships with suppliers. Conversely, a lower payables turnover ratio may indicate that the company is taking longer to pay its bills, which could raise concerns about liquidity management or strain on vendor relationships.

Without the specific data points for Sherwin-Williams Co's payables turnover ratio, it is difficult to provide a detailed analysis. Monitoring this ratio over time can help identify trends in the company's payment practices and relationships with suppliers.


Peer comparison

Dec 31, 2024

Company name
Symbol
Payables turnover
Sherwin-Williams Co
SHW
Fastenal Company
FAST
21.02
Tractor Supply Company
TSCO

See also:

Sherwin-Williams Co Payables Turnover (Quarterly Data)