Constellation Brands Inc Class A (STZ)

Payables turnover

Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020
Cost of revenue (ttm) US$ in thousands 4,986,900 5,007,700 4,987,500 4,970,500 4,880,900 4,890,200 4,832,500 4,683,600 4,616,900 4,502,200 4,314,400 4,113,400 4,102,800 4,177,800 4,081,000 4,148,900 4,142,700 3,984,700 4,098,200 4,191,600
Payables US$ in thousands
Payables turnover

November 30, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,986,900K ÷ $—K
= —

The payables turnover ratio for Constellation Brands Inc Class A, as provided in the data, is consistently reported as "—", indicating that specific numerical data for this financial metric is not available for the given time periods.

In general, the payables turnover ratio is a financial metric used to evaluate how efficiently a company manages its accounts payable by assessing the rate at which a company pays off its suppliers relative to its purchases on credit. A higher payables turnover ratio typically indicates a company is more effectively managing its payables, while a lower ratio might suggest potential liquidity issues or a longer payment cycle.

Without specific data points for Constellation Brands Inc Class A's payables turnover ratio, it is not possible to conduct a detailed analysis or provide insights into the company's payables management practices or financial efficiency in paying off its suppliers.

It is recommended to refer to the company's financial reports or additional sources to obtain the necessary information to calculate and analyze the payables turnover ratio for Constellation Brands Inc Class A in order to gain a more comprehensive understanding of its financial performance in this aspect.


Peer comparison

Nov 30, 2024

Company name
Symbol
Payables turnover
Constellation Brands Inc Class A
STZ
Keurig Dr Pepper Inc
KDP
4.35
PepsiCo Inc
PEP
3.80
The Coca-Cola Company
KO

See also:

Constellation Brands Inc Class A Payables Turnover (Quarterly Data)