SpartanNash Co (SPTN)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 8,036,830 | 6,337,450 | 8,145,620 | 7,527,160 | 7,923,520 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $8,036,830K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for SpartanNash Co is not available for the years ranging from December 31, 2020, to December 31, 2024. This lack of information could be due to various reasons, such as missing data or the company not disclosing this specific ratio in its financial statements. The payables turnover ratio is a key metric used to assess how efficiently a company manages its accounts payable by comparing the cost of goods sold to its average accounts payable balance. Not having this information may limit the ability to evaluate SpartanNash Co's liquidity and supplier payment practices accurately.
Peer comparison
Dec 31, 2024