Exelon Corporation (EXC)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 5,911,000 | 5,759,000 | 5,526,000 | 10,684,000 | 9,739,000 |
| Payables | US$ in thousands | — | — | 3,382,000 | 2,379,000 | 3,562,000 |
| Payables turnover | — | — | 1.63 | 4.49 | 2.73 |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $5,911,000K ÷ $—K
= —
The payables turnover ratio measures how efficiently a company is managing its accounts payables by assessing how many times during a period the company pays off its suppliers.
For Exelon Corporation:
- In 2020, the payables turnover ratio was 2.73, indicating that on average, the company took approximately 2.73 times to pay off its suppliers during that year.
- The ratio improved significantly in 2021 to 4.49, suggesting that Exelon was paying its suppliers more frequently within the year.
- However, in 2022, the payables turnover ratio dropped to 1.63, which may indicate that Exelon took longer to settle its payables compared to the previous year.
- There is missing data for 2023 and 2024, which hinders the ability to analyze the trend further for those years.
Overall, based on the available data, the payables turnover ratio for Exelon Corporation has shown fluctuations, with a notable increase in 2021 followed by a decrease in 2022. Further information is needed to assess the company's payables management efficiency in subsequent years.
Peer comparison
Dec 31, 2024