Avient Corp (AVNT)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 2,183,700 2,240,100 2,514,200 3,719,200 2,457,800
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $2,183,700K ÷ $—K
= —

The payables turnover ratio for Avient Corp is not available for the years 2020, 2021, 2022, 2023, and 2024 based on the provided data. As a result, I am unable to provide a detailed analysis of the company's payables turnover performance over the specified period. Payables turnover ratio is a measure of how efficiently a company pays its suppliers and manages its accounts payable. Without the specific values for the payables turnover ratio, it is challenging to assess Avient Corp's ability to efficiently manage its payables and liquidity position accurately.