Ecolab Inc (ECL)
Payables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 8,899,700 | 9,132,400 | 8,831,000 | 7,615,800 | 6,905,800 |
Payables | US$ in thousands | — | — | — | — | — |
Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $8,899,700K ÷ $—K
= —
Based on the provided data, it appears that no specific figures for payables turnover are available for Ecolab Inc for the years ending December 31, 2020 to December 31, 2024. The absence of this information makes it challenging to analyze the efficiency of Ecolab's payables management during these periods. Payables turnover is a crucial ratio that helps measure how many times a company pays its suppliers within a given period, providing insights into its liquidity and supplier relationships. Without the specific numbers, it is not possible to assess Ecolab's payment practices and how effectively it manages its accounts payable compared to its industry peers or historical performance.
Peer comparison
Dec 31, 2024