Eversource Energy (ES)
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 | 8,197,200 | 7,576,510 | 7,407,340 | 7,551,490 | 8,119,160 | 8,452,920 | 8,277,970 | 7,834,940 | 6,879,410 | 6,414,240 | 5,870,020 | 5,538,530 | 5,140,430 | 4,972,360 | 4,812,530 | 4,713,487 | 4,468,087 | 4,401,667 | 4,324,697 | 4,311,424 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $8,197,200K ÷ $—K
= —
The payables turnover ratio for Eversource Energy is not available for the periods mentioned in the data provided. This ratio is used to assess how efficiently a company is managing its accounts payable by comparing the amount of purchases made on credit to the average accounts payable balance during a specific period.
Without the specific values of accounts payable and purchases, it is not possible to calculate the payables turnover ratio. However, a higher payables turnover ratio generally indicates that the company is paying off its suppliers more quickly, which can be a positive sign of strong liquidity and supplier relationships. Conversely, a lower ratio may suggest possible cash flow issues or inefficiencies in managing payables.
It would be valuable to monitor the payables turnover ratio over time to evaluate Eversource Energy's management of its accounts payable and its overall financial health.
Peer comparison
Dec 31, 2024