Duke Energy Corporation (DUK)
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 | 11,880,000 | 15,465,000 | 16,807,000 | 15,265,000 | 15,304,000 | 15,578,000 | 14,340,000 | 13,008,000 | 11,321,000 | 10,828,000 | 11,436,000 | 12,179,000 | 13,002,000 | 12,664,000 | 12,578,000 | 12,435,000 | 12,299,000 | 12,589,000 | 12,759,000 | 13,149,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $11,880,000K ÷ $—K
= —
The payables turnover ratio for Duke Energy Corporation has been indicated as not available (N/A) for the periods provided in the dataset ranging from March 31, 2020, to December 31, 2024.
The payables turnover ratio helps in assessing how efficiently a company is managing its payables by indicating how many times during a period the company pays off its average accounts payable balance. A higher payables turnover ratio is generally preferable as it suggests that the company is paying its suppliers more frequently, which can indicate good financial health and effective cash management.
However, without the specific values for payables turnover for Duke Energy Corporation, it is challenging to provide a detailed analysis. It is important for stakeholders to monitor this ratio over time to evaluate the company's ability to manage its payables effectively, as it can impact its liquidity position and relationships with suppliers.
Peer comparison
Dec 31, 2024