Avista Corporation (AVA)

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 1,514,282 1,515,676 1,496,731 1,315,869 1,036,185 1,060,080 725,769 741,922 735,862 661,782 616,131 549,412 497,123 449,602 426,254 403,541 398,509 392,004 411,543 432,017
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,514,282K ÷ $—K
= —

The payables turnover ratio for Avista Corporation is not available for the periods from March 31, 2020, to December 31, 2024, as indicated by the data provided. The payables turnover ratio is a liquidity ratio that helps to assess how efficiently a company manages its outstanding payments to suppliers in relation to its purchases on credit.

Since the payables turnover ratio is not provided, it is challenging to evaluate Avista Corporation's ability to efficiently manage its accounts payable during the specified periods. This ratio is important as it indicates how many times a company pays off its average accounts payable balance during a specific period.

Without the specific values for the payables turnover ratio, it is difficult to make a precise analysis of Avista Corporation's liquidity and ability to maintain good relationships with its suppliers through timely payments. This information would be vital for investors, creditors, and other stakeholders to understand the company's financial health in terms of its payables management.