ConocoPhillips (COP)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 38,362,000 | 29,668,000 | 48,481,000 | 31,060,000 | 17,943,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $38,362,000K ÷ $—K
= —
Based on the provided data showing that the payables turnover ratio for ConocoPhillips is not available for the years 2020 to 2024, it suggests that the Company has not disclosed or reported this particular metric. The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its payments to suppliers.
Without specific data on the payables turnover ratio for ConocoPhillips, it is challenging to assess the effectiveness of the company's management of its accounts payable. It is possible that the company might not consider this ratio a key metric or may have specific reasons for not disclosing it.
In order to perform a more in-depth analysis of ConocoPhillips' payables turnover, it would be necessary to obtain additional financial information or disclosures from the company. The payables turnover ratio can provide insights into the company's liquidity, efficiency in managing supplier payments, and its relationships with vendors.
Peer comparison
Dec 31, 2024