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.
Peer comparison
Dec 31, 2024
Company name
Symbol
Payables turnover
Avient Corp
AVNT
—
AdvanSix Inc
ASIX
—
Albemarle Corp
ALB
—
Dow Inc
DOW
6.19
Dupont De Nemours Inc
DD
—
Eastman Chemical Company
EMN
—
Hexcel Corporation
HXL
11.41
Rogers Corporation
ROG
—