DT Midstream Inc (DTM)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 315,000 | 380,000 | 385,000 | 340,000 | 294,000 | 443,000 | 450,000 | 453,000 | 456,000 | 297,000 | 290,000 | 227,000 | 216,000 | 108,000 | 92,000 | 125,000 | 108,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $315,000K ÷ $—K
= —
The payables turnover ratio for DT Midstream Inc is not available for the period from December 31, 2020, to December 31, 2024, as indicated by the data provided. The payables turnover ratio is a financial ratio that measures how efficiently a company pays its suppliers. It is calculated by dividing the cost of goods sold by the average accounts payable for a specific period. A higher payables turnover ratio indicates that the company is paying its suppliers more quickly, while a lower ratio may suggest that the company is taking longer to pay its payables.
Without the specific data for DT Midstream Inc's payables turnover ratio, it is challenging to assess the company's ability to manage its payables effectively. It is important to monitor this ratio over time to understand any changes in the company's payment practices and its relationship with suppliers. A declining payables turnover ratio could signal potential liquidity issues or strained relationships with suppliers, while an increasing ratio may indicate improved efficiency in managing payables.
Peer comparison
Dec 31, 2024