Ufp Industries Inc (UFPI)
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 | 5,425,570 | 5,431,290 | 5,543,560 | 5,648,190 | 5,799,450 | 6,127,470 | 6,536,910 | 7,290,480 | 7,837,280 | 7,926,290 | 7,819,840 | 7,701,670 | 7,229,170 | 6,790,580 | 6,269,500 | 5,027,320 | 4,350,804 | 3,984,940 | 3,715,546 | 3,731,566 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,425,570K ÷ $—K
= —
The payables turnover ratio for Ufp Industries Inc has been consistently showing a value of "—", indicating that there is no specific data available for this metric across various reporting periods from March 31, 2020, to December 31, 2024. This lack of information makes it challenging to assess how quickly the company is paying its suppliers relative to the cost of goods sold during these periods.
The payables turnover ratio is a key liquidity ratio that measures how efficiently a company is managing its accounts payable by comparing the cost of goods sold to the average accounts payable balance. A higher payables turnover ratio generally indicates that the company is paying its suppliers more quickly, which can be seen as a positive sign of financial health. Conversely, a lower ratio may suggest that the company is taking longer to settle its payables, potentially signaling liquidity issues.
Without specific data on the payables turnover ratio for Ufp Industries Inc, further analysis or additional information is needed to evaluate the company's payables management practices and financial performance in terms of its liquidity and supplier relationships.