Smurfit WestRock plc (SW)
Payables turnover
Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Dec 31, 2022 | ||
---|---|---|---|---|---|---|
Cost of revenue (ttm) | US$ in thousands | 15,171,530 | 14,738,840 | |||
Payables | US$ in thousands | — | — | — | — | — |
Payables turnover | — | — |
June 30, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $15,171,530K ÷ $—K
= —
Unfortunately, without specific values for payables turnover provided in the table, it is not possible to calculate or analyze the trend of Smurfit WestRock plc's payables turnover over the given periods. Payables turnover is a key financial ratio that indicates how efficiently a company is managing its payables in relation to its purchases. A higher payables turnover ratio typically suggests that the company is paying its suppliers quickly, while a lower ratio may indicate a longer period before payment, potentially signaling liquidity or financial management concerns. For a more in-depth analysis of Smurfit WestRock plc's payables turnover, specific numerical data would be required to calculate and interpret the ratio over time.
Peer comparison
Jun 30, 2024