APA Corporation (APA)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 5,435,000 | 4,052,000 | 4,820,000 | 4,445,000 | 3,530,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $5,435,000K ÷ $—K
= —
Based on the provided data, APA Corporation has consistently reported a payables turnover ratio of "—". A payables turnover ratio that remains the same or cannot be calculated may indicate various possibilities such as stable payment terms with suppliers, limited credit purchases, or the presence of exceptional circumstances affecting accounts payable management.
Without specific numeric values to calculate the payables turnover ratio over the years, it is challenging to provide a detailed analysis regarding the efficiency of APA Corporation in managing its accounts payable. Further information or additional data points would be necessary to assess the company's ability to effectively handle its payables and manage its cash flow.
Peer comparison
Dec 31, 2024