Sonoco Products Company (SON)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,166,130 | 5,340,410 | 5,810,900 | 4,528,530 | 4,191,100 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $4,166,130K ÷ $—K
= —
Based on the provided data, Sonoco Products Company's payables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. The absence of data regarding payables turnover indicates that there is insufficient information to calculate this ratio, which is an important indicator of how efficiently the company manages its accounts payable. Without this ratio, it is challenging to assess Sonoco's ability to pay its suppliers and manage its working capital effectively. It is recommended to gather the necessary financial information to calculate the payables turnover ratio for a more comprehensive analysis of the company's financial performance in terms of its payables management.
Peer comparison
Dec 31, 2024