Textron Inc (TXT)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,008,000 | 1,154,000 | 998,000 | 1,113,000 | 1,055,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,008,000K ÷ $—K
= —
The data provided shows that Textron Inc's payables turnover ratio was not available (indicated as "—") for the years ending December 31, 2020 to December 31, 2024. This could indicate that specific details related to payables and purchases on credit were not publicly disclosed or analyzed for the respective periods. Without this ratio, it is challenging to assess the efficiency of Textron Inc's management of its accounts payable. However, a low payables turnover ratio could suggest that the company is taking longer to pay its suppliers, potentially indicating liquidity issues or strained relationships with vendors. Conversely, a high payables turnover ratio may indicate that the company is efficiently managing its payables by paying suppliers quickly. Further data or context would be necessary to provide a more detailed analysis of Textron Inc's payables turnover performance.
Peer comparison
Dec 31, 2024