Toll Brothers Inc (TOL)

Payables turnover

		Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Cost of revenue	US$ in thousands	8,879,340	8,339,720	8,773,730	7,769,480	6,527,400
Payables	US$ in thousands	—	—	—	—	—
Payables turnover		—	—	—	—	—

October 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $8,879,340K ÷ $—K
= —

To calculate the payables turnover for Toll Brothers Inc, we would need figures for accounts payable and cost of goods sold. As these figures are not provided in the table, we are unable to calculate the payables turnover for any of the years mentioned. Payables turnover is a key efficiency ratio that measures how quickly a company pays its suppliers. A higher payables turnover indicates that the company is paying its suppliers more quickly. Monitoring this ratio over time can provide insights into the company's cash flow management and vendor relationships.