Chevron Corp (CVX)
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 | 136,488,000 | 136,098,000 | 137,787,000 | 135,421,000 | 136,522,000 | 141,229,000 | 147,828,000 | 159,707,000 | 163,839,000 | 156,555,000 | 141,741,000 | 122,508,000 | 107,297,000 | 93,016,000 | 82,343,000 | 72,053,000 | 69,996,000 | 88,245,000 | 95,023,000 | 105,331,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $136,488,000K ÷ $—K
= —
The payables turnover ratio for Chevron Corp is not available for the period from March 31, 2020, to December 31, 2024, as indicated by the absence of specific data points in the financial statement. The payables turnover ratio is a financial metric that provides insight into how efficiently a company manages its trade credit or accounts payable.
A high payables turnover ratio typically indicates that a company is effectively managing its payments to suppliers by paying off its accounts payable quickly. On the other hand, a low payables turnover ratio may suggest that the company is taking a longer time to pay its suppliers, which could potentially strain supplier relationships.
In the absence of specific data points, it is difficult to assess Chevron Corp's payables turnover performance over the given period. Companies often utilize the payables turnover ratio in conjunction with other financial ratios and metrics to assess their overall financial health and operational efficiency.
Further data points or additional information would be needed to conduct a more comprehensive analysis of Chevron Corp's payables turnover and its implications for the company's financial management and operational efficiency.
Peer comparison
Dec 31, 2024