Timken Company (TKR)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,149,900 | 3,178,700 | 3,183,400 | 3,224,000 | 3,277,300 | 3,285,900 | 3,301,700 | 3,246,700 | 3,197,900 | 3,186,200 | 3,152,700 | 3,101,400 | 3,030,400 | 2,910,900 | 2,772,400 | 2,585,000 | 2,503,300 | 2,488,800 | 2,494,400 | 2,615,500 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,149,900K ÷ $—K
= —
The payables turnover ratio for Timken Company has been consistently unavailable or not provided for the periods listed in the data provided. The payables turnover ratio is a liquidity ratio that measures how efficiently a company is managing its trade credit or accounts payable. It is calculated by dividing the total purchases by the average accounts payable during a specific period.
Without specific values for accounts payable and purchases, it is not possible to determine the payables turnover ratio for Timken Company. This could be due to various reasons such as the company not disclosing this information, the data being incomplete, or other factors.
A higher payables turnover ratio generally indicates that a company is paying its suppliers more quickly, which can be a sign of strong liquidity and efficient management of working capital. On the other hand, a lower ratio may suggest that the company is taking longer to pay its suppliers, potentially signaling liquidity issues or inefficiencies in managing payables.
It is important for investors and analysts to monitor the payables turnover ratio over time to assess changes in the company's payment practices and liquidity management. However, in this case, the lack of data limits the ability to perform a detailed analysis of Timken Company's payables turnover.
Peer comparison
Dec 31, 2024