FirstEnergy Corporation (FE)
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 | 7,158,000 | 7,187,000 | 7,283,000 | 5,753,000 | 4,646,000 | 4,880,000 | 4,877,000 | 4,835,000 | 4,593,000 | 4,202,000 | 3,890,000 | 3,624,000 | 3,445,000 | 3,289,000 | 3,150,000 | 3,114,000 | 3,070,000 | 3,201,000 | 3,254,000 | 3,304,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $7,158,000K ÷ $—K
= —
The payables turnover ratio for FirstEnergy Corporation for the periods provided is not available. A payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its trade credit outstanding. This ratio is calculated by dividing the total purchases made by the average accounts payable over a specific period.
Without the specific data on accounts payable and purchases for FirstEnergy Corporation, we are unable to calculate the payables turnover ratio for analysis. The payables turnover ratio is critical as it reflects how quickly a company pays its suppliers and can indicate the company's liquidity, operational efficiency, and relationships with suppliers. An increasing payables turnover ratio typically suggests that the company is paying its suppliers more quickly, which could either indicate more favorable credit terms or potential cash flow management tactics.
In the absence of the necessary data points, it is challenging to draw conclusions regarding FirstEnergy Corporation's payables turnover performance and its implications for its financial operations. For a more comprehensive analysis, it is crucial to monitor the payables turnover ratio over multiple periods and compare it with industry benchmarks and peers to assess the company's financial health and efficiency in managing its payables.
Peer comparison
Dec 31, 2024