Textron Inc (TXT)
Payables turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,439,000 | 3,333,000 | 3,295,000 | 3,284,000 | 998,000 | 1,007,000 | 1,044,000 | 1,100,000 | 1,113,000 | -5,876,000 | -3,550,000 | -3,770,000 | -1,360,000 | 9,067,000 | 9,472,000 | 12,322,000 | 12,509,000 | 11,839,000 | 11,552,000 | 11,720,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,439,000K ÷ $—K
= —
Since the data for Textron Inc's payables turnover ratio is not provided in the table, a detailed analysis cannot be conducted at this time. The payables turnover ratio is a measure of how efficiently a company is managing its accounts payable by calculating the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the total purchases by the average accounts payable.
To analyze the payables turnover ratio for Textron Inc, the necessary data for accounts payable and purchases for each period would be required. A higher payables turnover ratio indicates that the company is paying off its suppliers more frequently, which may suggest stronger cash flow management. Conversely, a lower ratio could indicate potential liquidity issues or delays in paying off suppliers.
Without the specific data for payables turnover, it is not possible to assess the efficiency of Textron Inc's management of its accounts payable.
Peer comparison
Dec 31, 2023