Tennant Company (TNC)
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 | 736,700 | 724,400 | 715,100 | 709,000 | 715,800 | 711,000 | 700,500 | 692,400 | 671,300 | 671,300 | 671,900 | 662,000 | 652,800 | 638,200 | 632,500 | 591,700 | 589,700 | 604,700 | 614,300 | 669,800 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $736,700K ÷ $—K
= —
The payables turnover ratio for Tennant Company has not been provided in the financial data ranging from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its payments to suppliers. With this ratio missing in the dataset, it is not possible to assess Tennant Company's efficiency in paying its suppliers over the mentioned period. Payables turnover ratio helps in understanding how quickly a company pays off its creditors and how effectively it manages its working capital. Without this information, a key aspect of Tennant Company's financial performance and operational efficiency is currently unavailable for analysis.
Peer comparison
Dec 31, 2024