The Wendy’s Co (WEN)
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 | 1,454,264 | 1,596,890 | 1,542,163 | 1,527,448 | 1,488,927 | 1,449,241 | 1,476,994 | 1,468,929 | 1,483,448 | 1,433,925 | 1,346,571 | 1,264,007 | 1,206,142 | 1,199,990 | 1,190,071 | 1,143,783 | 1,145,844 | 1,136,943 | 1,129,375 | 1,142,533 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,454,264K ÷ $—K
= —
Based on the provided data, The Wendy’s Co payables turnover ratio is not available for the periods listed. The payables turnover ratio is an important metric that helps evaluate how efficiently a company is managing its accounts payable. This ratio indicates the number of times a company pays off its accounts payable within a specific period.
Without specific values for the payables turnover ratio, it is difficult to assess Wendy's efficiency in managing its payables. Ideally, a higher payables turnover ratio suggests that the company is paying off its suppliers more frequently, which can be beneficial for cash flow management. Conversely, a lower payables turnover ratio may indicate that the company is taking longer to pay its suppliers, potentially leading to strained supplier relationships or missed early payment discounts.
In conclusion, the absence of payables turnover data for The Wendy’s Co hinders a comprehensive analysis of its payables management efficiency for the listed periods.
Peer comparison
Dec 31, 2024