EOG Resources Inc (EOG)

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	8,693,000	10,047,000	9,612,000	7,643,000	5,609,000	5,513,000	5,488,000	5,501,000	5,722,000	5,714,000	5,648,000	5,573,000	5,345,000	5,213,630	5,036,940	4,773,730	4,922,930	5,093,660	5,358,380	5,726,820
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $8,693,000K ÷ $—K
= —

Based on the provided data, EOG Resources Inc's payables turnover ratio is missing for all the reported periods. The payables turnover ratio helps measure how efficiently a company manages its payables by indicating how many times a company pays its average accounts payable balance over a specific period.

A missing payables turnover ratio could indicate several possibilities. One reason could be that the company does not disclose its accounts payable balance or the cost of goods sold in its financial statements. Alternatively, it could suggest that EOG Resources Inc's payables turnover is not a key focus area for the company or that payables are managed in a way that is not commonly calculated in a traditional payables turnover ratio.

In the absence of the specific payables turnover ratio values, it is challenging to assess EOG Resources Inc's efficiency in managing its payables during the reporting periods in question. Investors and analysts may consider reaching out to the company for further clarification on their payables management practices or utilize other financial metrics and qualitative information to assess the company's overall financial health and management effectiveness.