Chesapeake Utilities Corporation (CPK)
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 | 485,943 | 472,753 | 463,407 | 431,163 | 415,318 | 425,542 | 430,995 | 437,406 | 443,184 | 423,975 | 400,794 | 378,500 | 352,038 | 331,442 | 326,321 | 320,700 | 295,620 | 300,829 | 302,113 | 337,492 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $485,943K ÷ $—K
= —
Based on the provided data, it appears that Chesapeake Utilities Corporation does not have specific figures available for the payables turnover ratio for the periods from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its accounts payable and paying off its suppliers.
Without access to the payables turnover figures, it is challenging to assess Chesapeake Utilities Corporation's ability to manage its payments to suppliers effectively. A high payables turnover ratio typically indicates that a company is settling its accounts payable quickly, which can suggest strong liquidity and good relationships with suppliers. Conversely, a low payables turnover ratio may imply that the company is taking longer to pay its creditors, potentially signaling liquidity issues or strained relationships with suppliers.
In order to provide a more in-depth analysis of Chesapeake Utilities Corporation's payables turnover, specific data points for the relevant periods would be necessary. This data gap hinders a comprehensive assessment of the company's payables management efficiency and its impact on overall financial performance.
Peer comparison
Dec 31, 2024