Chesapeake Utilities Corporation (CPK)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 452,400 | 415,320 | 443,187 | 352,037 | 295,580 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $452,400K ÷ $—K
= —
The payables turnover ratio for Chesapeake Utilities Corporation is not available for the years 2020 through 2024, as indicated by the given data. This ratio, which measures how efficiently a company is managing its accounts payable by evaluating how quickly it pays its suppliers, allows stakeholders to assess the company's liquidity and creditor management. Without the specific figures for payables turnover, it is challenging to evaluate the company's ability to manage its payables effectively during this period. Stakeholders may need additional information to assess the company's payment practices and liquidity position accurately.
Peer comparison
Dec 31, 2024