Ufp Industries Inc (UFPI)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 5,425,570 | 5,799,450 | 7,837,280 | 7,229,170 | 4,353,700 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $5,425,570K ÷ $—K
= —
Based on the provided data, Ufp Industries Inc payables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. The absence of specific payables turnover values makes it challenging to assess the company's efficiency in managing its accounts payable during these periods. The payables turnover ratio typically indicates how many times a company pays off its accounts payable during a specific period, highlighting its relationship with suppliers and liquidity management. It would be essential to obtain this ratio in the future to gain insights into Ufp Industries Inc's payment practices and operational efficiency in handling its payables.