Schneider National Inc (SNDR)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,849,400 | 4,939,500 | 5,683,900 | 4,847,200 | 4,072,200 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $4,849,400K ÷ $—K
= —
Based on the provided data for the payables turnover of Schneider National Inc, there is no specific information available for the years 2020, 2021, 2022, 2023, and 2024. This could indicate that the company did not disclose or calculate the payables turnover ratio for these periods.
The payables turnover ratio is a financial metric that indicates how efficiently a company manages its accounts payable by measuring how many times a company pays its average accounts payable balance during a specific period. It is calculated by dividing the total purchases by the average accounts payable balance.
Without the specific values for the payables turnover ratio for Schneider National Inc for the mentioned years, it is challenging to assess the efficiency of the company in managing its payables. This ratio provides insights into how quickly the company is paying its suppliers and managing its cash flow.
It's important to note that a higher payables turnover ratio generally indicates efficient management of payables, while a lower ratio could suggest potential liquidity issues or challenges in managing supplier relationships.
Without the actual values for the payables turnover ratio, it is advisable to refer to additional sources or company disclosures for a more comprehensive analysis of Schneider National Inc's payables turnover efficiency.
Peer comparison
Dec 31, 2024