Exelon Corporation (EXC)
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 | 5,564,000 | 5,520,000 | 5,488,000 | 5,422,000 | 5,396,000 | 5,152,000 | 5,078,000 | 5,045,000 | 5,124,000 | 5,863,000 | 6,782,000 | 7,753,000 | 9,026,000 | 9,758,000 | 9,409,000 | 8,723,000 | 7,995,000 | 7,246,000 | 7,038,000 | 7,123,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | 2,762,000 | 3,382,000 | 2,693,000 | 2,451,000 | 2,175,000 | 2,379,000 | 3,694,000 | 3,547,000 | 3,430,000 | 3,562,000 | 3,182,000 | 3,047,000 | 2,883,000 |
| Payables turnover | — | — | — | — | — | — | — | 1.83 | 1.52 | 2.18 | 2.77 | 3.56 | 3.79 | 2.64 | 2.65 | 2.54 | 2.24 | 2.28 | 2.31 | 2.47 |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,564,000K ÷ $—K
= —
Exelon Corporation's payables turnover ratio, which measures how efficiently the company is managing its accounts payable, has shown some fluctuations over the reported periods.
As of December 31, 2022, the payables turnover ratio decreased significantly to 1.52 compared to the previous periods. This could indicate that Exelon took longer to pay its suppliers during that period.
However, there was a notable improvement in the payables turnover ratio for the following reporting periods, reaching a peak of 3.56 as of March 31, 2023. This suggests that Exelon was paying its suppliers more efficiently during that quarter.
Subsequently, the payables turnover ratio decreased in the following quarters, indicating that Exelon might have taken longer to settle its payables. As of September 30, 2023, the payables turnover ratio dropped to 1.83.
Notably, for the periods from June 30, 2023, to December 31, 2024, the payables turnover data is not available, which may indicate that these figures were not disclosed or that the company faced challenges in managing its payables during those periods.
Overall, the trend in Exelon's payables turnover ratio fluctuated over the reported periods, suggesting varying levels of efficiency in managing its accounts payable obligations.
Peer comparison
Dec 31, 2024