Standard Motor Products Inc (SMP)

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 1,042,728 1,009,588 1,003,342 974,566 969,446 978,855 981,791 993,046 989,276 991,848 982,364 962,107 921,885 889,262 860,018 800,795 791,933 771,757 751,531 784,217
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,042,728K ÷ $—K
= —

Standard Motor Products Inc's payables turnover ratio has been consistently reported as "—", meaning the company has not provided specific data for this metric in the financial statements up to December 31, 2024.

The payables turnover ratio is an important liquidity metric that indicates how efficiently a company is managing its trade payables. A higher payables turnover ratio generally suggests that the company is paying its suppliers more quickly, which could indicate good relationships with suppliers or effective working capital management.

Without the specific values for the payables turnover ratio, it is challenging to assess Standard Motor Products Inc's efficiency in managing its trade payables. It would be important for investors, analysts, and stakeholders to monitor this ratio in future financial reports to gauge the company's ability to negotiate favorable payment terms with suppliers and effectively manage its working capital.