Worthington Industries Inc (WOR)
Payables turnover
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 850,778 | 880,783 | 1,644,000 | 2,444,954 | 3,188,749 | 3,902,982 | 4,009,558 | 4,253,081 | 4,621,165 | 4,896,760 | 4,875,250 | 4,527,404 | 3,926,995 | 3,286,896 | 2,834,244 | 2,532,351 | 2,301,917 | 2,355,357 | 2,466,765 | 2,615,782 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 28, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $850,778K ÷ $—K
= —
The payables turnover ratio for Worthington Industries Inc has been indicated as "—", meaning the data for this metric has not been provided or is unavailable for analysis across the specified financial reporting periods from May 31, 2020 to February 28, 2025. The payables turnover ratio is a key financial metric that measures how efficiently a company manages its payments to suppliers or creditors.
In the absence of specific data for the payables turnover ratio, it is difficult to assess Worthington Industries Inc's ability to pay off its trade payables within a given period. A higher payables turnover ratio typically indicates that a company is paying off its suppliers more quickly, which may signal good liquidity and strong relationships with vendors. Conversely, a lower payables turnover ratio may suggest that the company is taking longer to pay its debts, potentially indicating cash flow issues or strained supplier relationships.
Given the lack of information on the payables turnover ratio for Worthington Industries Inc, further insights into its liquidity management and supplier payment practices cannot be gained at this time. Analysts and stakeholders may need to wait for updated financial disclosures to evaluate the company's payables management efficiency more thoroughly.
Peer comparison
Feb 28, 2025