Chord Energy Corp (CHRD)

Payables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	3,945,500	2,459,050	1,856,370	909,837	843,286
Payables	US$ in thousands	—	—	—	—	—
Payables turnover		—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $3,945,500K ÷ $—K
= —

Based on the data provided for Chord Energy Corp, the payables turnover for each year from December 31, 2020, to December 31, 2024, is not available ("—"). The lack of specific values for payables turnover makes it challenging to analyze the efficiency with which the company is managing its accounts payable. Payables turnover is a crucial ratio that measures how many times a company pays off its accounts payable during a specific period, typically indicating the effectiveness of managing its suppliers and working capital.

Without the payables turnover figures, it is not possible to assess how quickly Chord Energy Corp is settling its payables or the relationship between its credit purchases and accounts payable. Monitoring this ratio over time would have given insight into the company's liquidity, operational efficiency, and vendor relationships. In the absence of this data, further analysis or additional financial information would be necessary to evaluate the company's payables management effectively.