Freeport-McMoran Copper & Gold Inc (FCX)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 17,795,000 | 15,695,000 | 15,089,000 | 14,030,000 | 11,655,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $17,795,000K ÷ $—K
= —
The data provided for Freeport-McMoran Copper & Gold Inc's payables turnover for the years 2020, 2021, 2022, 2023, and 2024 indicates that the payables turnover ratio is not available or has not been calculated for these periods. The payables turnover ratio is a financial metric that signifies how efficiently a company is managing its payables by comparing the amount of purchases made on credit to the average accounts payable balance. Since the payables turnover data is unavailable for the specified years, it is not possible to assess the company's ability to efficiently manage its trade payables during those periods.
Peer comparison
Dec 31, 2024