APA Corporation (APA)
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 | 5,542,000 | 4,985,000 | 4,669,000 | 4,120,000 | 4,052,000 | 4,144,000 | 4,378,000 | 4,700,000 | 4,820,000 | 4,859,000 | 4,628,000 | 4,354,000 | 4,445,000 | 4,135,000 | 3,815,000 | 3,630,000 | 3,530,000 | 3,793,000 | 4,148,000 | 4,430,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,542,000K ÷ $—K
= —
The payables turnover ratio for APA Corporation remains unchanged and inconsistent as there is no specific data provided for payables for the given periods from March 31, 2020, to December 31, 2024. Without the necessary details on accounts payable and cost of sales, it is not possible to calculate the payables turnover ratio. The payables turnover ratio measures how efficiently a company is managing its payments to suppliers. A higher ratio typically indicates that the company is paying off its suppliers quickly, while a lower ratio may suggest a longer payment cycle. It would be helpful to have the actual accounts payable balances and cost of goods sold figures to conduct a meaningful analysis of APA Corporation's payables turnover.
Peer comparison
Dec 31, 2024