Skechers USA Inc (SKX)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,201,910 | 3,847,940 | 3,929,190 | 3,185,820 | 2,407,630 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $4,201,910K ÷ $—K
= —
The payables turnover ratio for Skechers USA Inc seems to be consistently unavailable or not reported for the years 2020 to 2024. The lack of this key metric makes it challenging to assess the company's efficiency in managing its accounts payable and its relationships with suppliers. A payables turnover ratio provides insight into how quickly a company pays its suppliers, and a higher ratio typically indicates more efficient management of payables.
Without the specific payables turnover figures, it's difficult to evaluate if Skechers USA Inc is effectively utilizing its trade credit or possibly delaying payments. A low payables turnover ratio could indicate inefficiencies in working capital management or strained relationships with suppliers, while a high ratio could suggest aggressive payment practices that may impact vendor relationships.
In conclusion, the absence of reported payables turnover ratios for Skechers USA Inc hinders a comprehensive analysis of the company's accounts payable management and its impact on overall financial health and operational efficiency.
Peer comparison
Dec 31, 2024