Trinity Industries Inc (TRN)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,411,000 | 2,456,200 | 1,609,600 | 1,161,500 | 1,508,400 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,411,000K ÷ $—K
= —
Based on the provided data, Trinity Industries Inc's payables turnover ratio for the years 2020 to 2024 is not available ("-"). The payables turnover ratio is a measure of how efficiently a company manages its accounts payable by comparing the purchases made on credit to the average accounts payable during a specific period.
Without specific values for the payables turnover ratio, it is challenging to assess Trinity Industries Inc's ability to pay off its trade payables. A high payables turnover ratio generally indicates that the company is efficiently managing its payables by paying suppliers quickly, while a low ratio may suggest delayed payments or potential liquidity issues.
Further analysis and comparison with industry benchmarks or historical data would be necessary to provide insights into Trinity Industries Inc's payables management practices and financial performance.
Peer comparison
Dec 31, 2024