Ecolab Inc (ECL)
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 | ||
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Cost of revenue (ttm) | US$ in thousands | 8,895,600 | 8,907,700 | 8,977,600 | 9,070,900 | 9,149,600 | 9,125,400 | 9,086,500 | 8,962,800 | 8,831,000 | 8,619,200 | 8,344,300 | 7,977,200 | 7,615,800 | 7,353,000 | 7,105,900 | 6,897,600 | 7,302,400 | 7,740,300 | 8,178,100 | 8,750,600 |
Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $8,895,600K ÷ $—K
= —
The payables turnover ratio for Ecolab Inc is not available in the provided data from March 31, 2020 to December 31, 2024. The payables turnover ratio is a financial metric that helps assess how efficiently a company manages its payments to suppliers. A higher payables turnover ratio typically indicates that the company is paying off its suppliers more quickly, which can be a sign of good financial health and strong supplier relationships. Conversely, a low payables turnover ratio may suggest that the company is taking a longer time to pay its suppliers, which could signify potential liquidity issues or strained supplier relationships.
Without the specific values of the payables turnover ratio for Ecolab Inc, it is challenging to provide a detailed analysis of how effectively the company is managing its payables. It is important for investors and analysts to have access to this ratio to better understand Ecolab's working capital management and financial performance in relation to its suppliers.
Peer comparison
Dec 31, 2024