California Water Service Group (CWT)

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	502,299	559,092	525,780	458,764	389,786	314,680	310,586	311,086	316,979	315,844	311,351	314,350	307,066	309,175	308,958	305,301	304,755	303,554	298,714	291,177
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $502,299K ÷ $—K
= —

The payables turnover ratio for California Water Service Group is not available for the periods mentioned in the data provided. Payables turnover ratio is a financial metric used to assess how efficiently a company is managing its payables (money owed to suppliers) by measuring how many times a company pays off its average accounts payable balance in a given period.

Without specific values for the payables turnover ratio, it is challenging to provide a detailed analysis. Ideally, a high payables turnover ratio indicates that a company is effectively managing its payables by paying off its suppliers quickly, demonstrating good liquidity and strong supplier relationships. Conversely, a low payables turnover ratio could suggest potential liquidity issues or delays in payments to suppliers.

In the absence of the ratio data, further evaluation of the company's cash management practices, working capital management, and supplier payment terms would be needed to gain a comprehensive understanding of how California Water Service Group is managing its payables.