Duke Energy Corporation (DUK)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 565,000 | 15,304,000 | 15,792,000 | 13,002,000 | 12,013,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $565,000K ÷ $—K
= —
The payables turnover ratio for Duke Energy Corporation is not available for the years 2020 to 2024 based on the provided data. The payables turnover ratio indicates how efficiently a company is managing its accounts payable by comparing the amount of purchases on credit to the average accounts payable balance. A higher payables turnover ratio typically signifies a more efficient use of supplier credit and better liquidity management. Without the specific data for Duke Energy Corporation, it is challenging to assess the effectiveness of their payables turnover in the given years. Additional information would be necessary to conduct a more in-depth analysis of their payables turnover performance.
Peer comparison
Dec 31, 2024