Werner Enterprises Inc (WERN)
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 | 2,787,563 | 2,876,293 | 2,898,341 | 2,890,676 | 2,893,810 | 2,860,170 | 2,844,707 | 2,850,974 | 2,768,391 | 2,675,193 | 2,558,595 | 2,384,064 | 2,256,438 | 2,114,982 | 2,003,219 | 1,927,797 | 1,911,283 | 1,932,660 | 1,972,166 | 2,033,840 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,787,563K ÷ $—K
= —
The payables turnover ratio is a financial metric that measures how efficiently a company is managing its accounts payable. Unfortunately, the data provided does not include specific figures for Werner Enterprises Inc's payables turnover for the periods mentioned. Without this information, it is not possible to calculate or analyze the payables turnover ratio for the company.
However, in general, a high payables turnover ratio indicates that a company is paying off its suppliers quickly, which could suggest strong liquidity and efficient working capital management. On the other hand, a low payables turnover ratio may indicate that the company is taking a longer time to pay its bills, potentially signaling financial distress or poor cash flow management.
To provide a more detailed analysis of Werner Enterprises Inc's payables turnover, specific financial data for the periods mentioned would be required. This data would enable a calculation of the payables turnover ratio, allowing for a more precise assessment of the company's efficiency in managing its accounts payable.
Peer comparison
Dec 31, 2024