Core Natural Resources, Inc. (CNR)
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 | 497,552 | 499,175 | 509,604 | 535,201 | 535,420 | 499,101 | 457,116 | 419,323 | 386,608 | 375,771 | 365,917 | 335,835 | 328,402 | 315,996 | 1,170,422 | 1,141,453 | 1,112,633 | 1,098,485 | 226,703 | 227,468 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | 130,232 | 124,553 | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | 2.97 | 3.02 | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $497,552K ÷ $—K
= —
Core Natural Resources, Inc.'s payables turnover ratio declined from 3.02 in September 2022 to 2.97 in December 2022. However, there is limited data available for further analysis as the payables turnover figures are not provided for the rest of the reporting periods up to December 2024. A payables turnover ratio below industry averages could indicate potential inefficiencies in managing payables or possible issues with supplier relationships. It is essential for the company to improve its payables turnover to ensure effective management of its accounts payable and optimize its working capital efficiency.
Peer comparison
Dec 31, 2024