Titan International Inc (TWI)
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 | 1,588,135 | 1,577,622 | 1,524,150 | 1,467,703 | 1,515,951 | 1,617,147 | 1,724,528 | 1,792,489 | 1,808,670 | 1,800,760 | 1,747,761 | 1,661,688 | 1,542,673 | 1,418,529 | 1,301,894 | 1,180,991 | 1,144,994 | 1,127,435 | 1,172,785 | 1,268,808 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,588,135K ÷ $—K
= —
As per the provided data for Titan International Inc, the payables turnover ratio is not available for any of the reporting periods up to December 31, 2024. The payables turnover ratio is a measure of how efficiently a company is managing its payments to suppliers. It is calculated by dividing the total purchases by the average accounts payable balance.
Since there is no information on the payables turnover ratio for any of the periods, it is challenging to assess how quickly Titan International Inc is paying its suppliers or how effectively it is managing its working capital in relation to its payables.
It is essential for investors and stakeholders to monitor this ratio to understand the company's liquidity management and supplier relationships. Without the payables turnover ratio data, it is challenging to draw any specific conclusions about Titan International Inc's payables management practices at this time.
Peer comparison
Dec 31, 2024