Chemours Co (CC)
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 | 4,631,000 | 4,627,000 | 4,618,000 | 4,620,000 | 4,724,000 | 4,743,000 | 4,882,000 | 5,067,000 | 5,177,000 | 5,223,000 | 5,131,000 | 5,104,000 | 4,965,000 | 4,808,000 | 4,531,000 | 4,034,000 | 3,902,000 | 4,080,000 | 4,200,000 | 4,391,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,631,000K ÷ $—K
= —
The payables turnover ratio for Chemours Co is not available for the periods provided in the data set. The payables turnover ratio is a financial metric that measures how efficiently a company manages its accounts payable by comparing the purchases made on credit to the average accounts payable balance during a certain period.
Without the specific values for accounts payable and purchases, we are unable to calculate or analyze the payables turnover ratio for Chemours Co. However, a high payables turnover ratio indicates that the company is paying its suppliers quickly, which could be beneficial in terms of maintaining good relationships with vendors and potentially negotiating better terms in the future.
On the other hand, a low payables turnover ratio may suggest that the company is taking longer to pay its suppliers, which could indicate cash flow issues or strained relationships with vendors.
In conclusion, without the necessary data points to compute the payables turnover ratio for Chemours Co, a detailed analysis of the company's efficiency in managing its accounts payable cannot be provided at this time.
Peer comparison
Dec 31, 2024