SPX Corp (SPXC)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,184,500 | 1,071,200 | 937,000 | 787,700 | 1,080,600 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,184,500K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for SPX Corp is not available for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024. The payables turnover ratio is an important financial metric that indicates how efficiently a company manages its payables by evaluating how many times a company pays its suppliers within a given period. In the absence of this ratio information, it is challenging to assess SPX Corp's ability to manage its payables effectively or determine any trends in its payment practices over the specified years. Further data or context would be required to fully evaluate the company's payables turnover situation.
Peer comparison
Dec 31, 2024