Bristow Group Inc (VTOL)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 532,057 | 547,927 | 1,019,270 | 277,471 | 993,395 |
| Payables | US$ in thousands | — | — | — | 63,497 | — |
| Payables turnover | — | — | — | 4.37 | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $532,057K ÷ $—K
= —
The payables turnover ratio measures how efficiently a company is managing its accounts payable. In the case of Bristow Group Inc, the payables turnover ratio for March 31, 2022, is 4.37. This indicates that, on average, Bristow Group Inc is paying off its suppliers approximately 4.37 times during the year. However, the data shows that for December 31, 2021, 2022, 2023, and 2024, the payables turnover ratio is not available ("-"). This lack of data for those periods limits the ability to fully assess the trend or overall performance of Bristow Group Inc in managing its payables efficiently. It would be beneficial to have more consistent data over multiple periods to make a more accurate analysis of the company's payables management.