Ameren Corp (AEE)

Payables turnover

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cost of revenue US$ in thousands 2,341,000 2,201,000 2,061,000 1,945,000 2,318,000
Payables US$ in thousands
Payables turnover

December 31, 2023 calculation

Payables turnover = Cost of revenue ÷ Payables
= $2,341,000K ÷ $—K
= —

To calculate the payables turnover ratio for Ameren Corp. for the years ending December 31, 2019 to December 31, 2022, we need to use the formula:

Payables Turnover = Cost of Goods Sold / Average Accounts Payable

However, since the data provided only includes the payables turnover ratio for the year ending December 31, 2023, the values for the previous years are missing, making it impossible to analyze the trend or provide a comparative analysis.

In order to evaluate Ameren Corp.'s payables turnover performance effectively, it is essential to have the historical data for all the years included in the calculation. Without this information, a comprehensive analysis of the company's payables turnover over the five-year period is not feasible.

Therefore, further information or data would be required to conduct a detailed analysis of Ameren Corp.'s payables turnover ratio and its implications for the company's financial management and operational efficiency.


Peer comparison

Dec 31, 2023