CenterPoint Energy Inc (CNP)
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 | 4,667,000 | 4,753,000 | 4,621,000 | 4,726,000 | 5,010,000 | 5,539,000 | 5,769,000 | 5,884,000 | 5,924,000 | 5,538,000 | 5,460,000 | 5,322,000 | 5,145,000 | 4,966,000 | 4,865,000 | 4,786,000 | 4,489,000 | 5,608,000 | 6,618,000 | 7,762,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,667,000K ÷ $—K
= —
The payables turnover ratio for CenterPoint Energy Inc is not provided for the periods mentioned in the data. The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its trade payables by comparing the cost of goods sold to its average accounts payable balance.
Without specific data points for the payables turnover ratio, it is challenging to assess CenterPoint Energy Inc's ability to effectively manage its payables and its liquidity position. A higher payables turnover ratio generally implies that the company is paying its suppliers quickly, which can be beneficial in terms of maintaining good supplier relationships. Conversely, a lower payables turnover ratio may suggest that the company is taking longer to pay its bills, which could indicate potential cash flow issues or inefficiencies in working capital management.
Overall, the absence of payables turnover ratio data limits the insight into CenterPoint Energy Inc's payables management practices and their impact on the company's financial health.
Peer comparison
Dec 31, 2024