Valvoline Inc (VVV)
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 | 1,201,300 | 1,168,500 | -408,500 | 105,700 | 585,700 | 1,067,000 | 2,995,000 | 2,841,000 | 2,646,000 | 2,413,000 | 1,734,000 | 1,506,000 | 1,396,000 | 1,368,000 | 1,321,000 | 1,414,000 | 1,453,000 | 1,426,000 | 1,886,000 | 1,742,000 |
| Payables | US$ in thousands | 77,200 | 118,700 | 96,400 | 85,800 | 46,600 | 45,000 | 265,000 | 238,000 | 218,000 | 38,600 | 216,000 | 180,000 | 158,000 | 189,000 | 178,000 | 186,000 | 153,000 | 171,000 | 163,000 | 154,000 |
| Payables turnover | 15.56 | 9.84 | -4.24 | 1.23 | 12.57 | 23.71 | 11.30 | 11.94 | 12.14 | 62.51 | 8.03 | 8.37 | 8.84 | 7.24 | 7.42 | 7.60 | 9.50 | 8.34 | 11.57 | 11.31 |
December 31, 2023 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,201,300K ÷ $77,200K
= 15.56
Unfortunately, the provided table lacks specific data on Valvoline Inc's payables turnover for the mentioned quarters. Without this information, a detailed and comprehensive analysis of the payables turnover ratio for Valvoline Inc cannot be carried out. It is essential to have specific numerical values for payables turnover in each quarter in order to calculate, analyze, and interpret the efficiency of the company's management of its accounts payable.
Peer comparison
Dec 31, 2023