Constellation Energy Corp (CEG)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 6,159,000 | 21,686,000 | 22,303,000 | 16,718,000 | 14,753,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $6,159,000K ÷ $—K
= —
Based on the provided data, Constellation Energy Corp's payables turnover ratio is not available for the years from December 31, 2020, to December 31, 2024. This lack of information makes it challenging to assess the efficiency of the company in managing its accounts payable during this period. Payables turnover is a key ratio that indicates how many times a company pays off its accounts payable in a given period, typically annually. A higher turnover ratio generally signifies that the company is efficiently managing its payables by promptly paying its suppliers.
Without the specific payables turnover figures for Constellation Energy Corp, it is difficult to evaluate the effectiveness of its payables management strategy and assess any potential changes in efficiency over the years. In future analyses, having this data available would allow for a more comprehensive evaluation of the company's working capital management and financial performance.
Peer comparison
Dec 31, 2024