Chord Energy Corp (CHRD)

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 3,955,786 3,403,852 3,032,434 2,738,430 2,464,843 2,407,489 2,212,840 2,032,951 1,856,370 1,582,516 1,217,440 1,002,623 848,429 731,361 704,971 621,303 843,286 1,216,973 1,479,324 1,564,207
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,955,786K ÷ $—K
= —

The payables turnover ratio for Chord Energy Corp is not provided in the financial data for the period from March 31, 2020, to December 31, 2024. This ratio helps in assessing how effectively the company is managing its accounts payable by measuring how many times a company pays its average accounts payable during a particular period. Without this data, we are unable to analyze the efficiency of Chord Energy Corp in managing its payments to suppliers and vendors. In general, a high payables turnover ratio indicates that the company is paying its suppliers quickly, while a low ratio may suggest a potential liquidity issue or that the company is taking longer to pay its liabilities.