Corteva Inc (CTVA)
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 | 9,828,000 | 9,698,000 | 9,779,000 | 9,816,000 | 9,920,000 | 10,064,000 | 10,297,000 | 10,483,000 | 10,436,000 | 10,158,000 | 9,837,000 | 9,524,000 | 9,220,000 | 9,100,000 | 8,839,000 | 8,658,000 | 8,507,000 | 8,363,000 | 8,415,000 | 8,633,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,828,000K ÷ $—K
= —
The payables turnover ratio for Corteva Inc appears to be unavailable or not provided in the financial data provided. The payables turnover ratio is a financial metric that measures how efficiently a company is managing its payables by comparing the company's purchases on credit to its average accounts payable during a specific period. It is calculated by dividing the total purchases by the average accounts payable.
Without the specific values for Corteva Inc's payables turnover ratio, it is challenging to provide a detailed analysis of this aspect of the company's financial performance. The payables turnover ratio is important because it reflects the company's ability to pay its suppliers in a timely manner and manage its working capital effectively.
In practice, a high payables turnover ratio may indicate that Corteva Inc is efficiently managing its payables by paying suppliers quickly, which could potentially strengthen relationships with suppliers and leverage negotiating power for better terms. Conversely, a low payables turnover ratio may suggest that the company is taking a longer time to pay its suppliers, which could have implications for supplier relationships and cash flow management.
It is recommended for further analysis to obtain the specific data points for Corteva Inc's payables turnover ratio to gain deeper insights into the company's financial efficiency and working capital management.
Peer comparison
Dec 31, 2024