Freeport-McMoran Copper & Gold Inc (FCX)
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 | 17,901,000 | 17,586,000 | 16,957,000 | 16,629,000 | 15,726,000 | 15,769,000 | 15,582,000 | 15,014,000 | 15,089,000 | 14,789,000 | 14,441,000 | 14,463,000 | 14,030,000 | 13,373,000 | 12,690,000 | 11,753,000 | 11,655,000 | 11,989,000 | 12,149,000 | 12,890,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $17,901,000K ÷ $—K
= —
The payables turnover ratio for Freeport-McMoran Copper & Gold Inc is unavailable for the periods from March 31, 2020, to December 31, 2024, as indicated by the data provided. The payables turnover ratio is an important metric that measures how efficiently a company is managing its payables by determining how many times during a period the company pays off its average accounts payable balance.
Without the specific values for payables turnover, it is challenging to assess the company's ability to efficiently manage its accounts payable and liquidity. A higher payables turnover ratio typically suggests that the company is paying off its suppliers quickly, which could indicate good liquidity management. Conversely, a lower ratio might imply that the company is taking longer to pay its bills, which could be a sign of potential cash flow issues or strained supplier relationships.
In order to perform a more in-depth analysis of Freeport-McMoran Copper & Gold Inc's payables turnover and its implications for the company's financial health, it would be necessary to obtain the actual figures for accounts payable and cost of goods sold (COGS) from the financial statements for the periods in question.
Peer comparison
Dec 31, 2024
See also:
Freeport-McMoran Copper & Gold Inc Payables Turnover (Quarterly Data)