Silgan Holdings Inc (SLGN)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,842,920 | 1,121,600 | 5,363,700 | 4,758,700 | 4,054,500 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $4,842,920K ÷ $—K
= —
The data provided for Silgan Holdings Inc's payables turnover indicates that the payables turnover ratio was unavailable or not disclosed for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. The payables turnover ratio is a critical metric that reflects how efficiently a company is managing its accounts payable, indicating how quickly the company pays its suppliers.
Without values for the payables turnover ratio, it is challenging to assess Silgan Holdings Inc's effectiveness in managing its accounts payable and analyzing its liquidity and working capital management. A higher payables turnover ratio typically suggests that the company is paying its suppliers more frequently, potentially indicating strong liquidity and efficient use of cash flow.
In the absence of specific values, it is recommended for stakeholders and investors to seek further information or clarification from Silgan Holdings Inc to gain a better understanding of its payables turnover performance and financial management practices. This additional insight would provide a more comprehensive analysis of the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2024