Eastman Chemical Company (EMN)
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 | 7,069,000 | 7,134,000 | 8,841,000 | 8,840,000 | 8,945,000 | 9,186,000 | 7,788,000 | 8,162,000 | 8,443,000 | 8,581,000 | 8,471,000 | 8,329,000 | 7,976,000 | 7,501,000 | 7,064,000 | 6,645,000 | 6,498,000 | 6,546,000 | 6,676,000 | 6,897,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $7,069,000K ÷ $—K
= —
The payables turnover ratio for Eastman Chemical Company is not available for the periods mentioned, as indicated by the absence of data in the provided JSON file. The payables turnover ratio measures how efficiently a company is paying its suppliers. It is calculated by dividing the total purchases made by the average accounts payable during a specific period.
Without the specific figures for payables turnover, it is challenging to analyze Eastman Chemical Company's ability to manage its accounts payables effectively. Payables turnover is an essential metric in assessing a company's liquidity and cash flow management. A high turnover ratio typically indicates that the company is paying its suppliers promptly and efficiently, while a low ratio may suggest potential cash flow issues or inefficiencies in managing payables.
In summary, without the data for payables turnover, a detailed analysis of Eastman Chemical Company's payables management efficiency cannot be provided at this time.
Peer comparison
Dec 31, 2024