Trimble Inc (TRMB)
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 | 1,292,300 | 1,393,300 | 1,433,700 | 1,526,500 | 1,494,700 | 1,464,200 | 1,466,600 | 1,492,500 | 1,582,000 | 1,643,100 | 1,670,500 | 1,675,300 | 1,624,400 | 1,571,100 | 1,526,600 | 1,434,700 | 1,392,800 | 1,395,600 | 1,405,100 | 1,471,400 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,292,300K ÷ $—K
= —
Based on the provided data, Trimble Inc's payables turnover ratio is not available for the period from March 31, 2020, to December 31, 2024. The payables turnover ratio is a liquidity ratio that is used to measure how efficiently a company is managing its accounts payable by comparing the purchases made on credit to the average accounts payable during a period.
The absence of payables turnover data makes it challenging to assess Trimble Inc's efficiency in paying off its suppliers or managing its working capital through the analysis of this particular ratio. This ratio is key for understanding how quickly the company is settling its trade payables and can provide insights into its relationships with suppliers and its cash flow management.
In absence of the payables turnover ratio data, it is recommended to explore other liquidity ratios and financial metrics to gain a comprehensive understanding of Trimble Inc's financial performance and operating efficiency.
Peer comparison
Dec 31, 2024