The Wendy’s Co (WEN)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,456,480 | 1,405,110 | 1,374,750 | 1,198,740 | 1,112,340 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,456,480K ÷ $—K
= —
Based on the provided data, The Wendy's Co has not reported any specific values for payables turnover for the years 2020, 2021, 2022, 2023, and 2024.
Payables turnover ratio is a financial metric used to evaluate how efficiently a company manages its trade credit or payables. It indicates the number of times a company pays off its average accounts payable balance during a certain period.
Without the specific values for payables turnover, it is not possible to assess The Wendy's Co's performance in managing its payables and their efficiency in paying off their suppliers within a given timeframe. This lack of information may make it challenging to fully evaluate the company's liquidity management and relationships with suppliers.
Peer comparison
Dec 31, 2024