FMC Corporation (FMC)
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 | 2,592,200 | 2,603,000 | 2,524,700 | 2,459,100 | 2,655,800 | 2,881,800 | 3,180,800 | 3,460,400 | 3,475,500 | 3,338,000 | 3,119,500 | 2,968,400 | 2,873,500 | 2,725,400 | 2,662,400 | 2,584,800 | 2,590,100 | 2,580,600 | 2,544,300 | 2,567,300 |
Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,592,200K ÷ $—K
= —
The payables turnover ratio for FMC Corporation is not available for the period from March 31, 2020, to December 31, 2024, as the data is indicated as "—" across all quarters. The payables turnover ratio is a financial metric that evaluates how efficiently a company pays its suppliers and manages its accounts payable. It is calculated by dividing the total purchases made on credit by the average accounts payable balance during the period. An increasing payables turnover ratio generally signifies that the company is paying off its suppliers more quickly, while a decreasing ratio may indicate potential liquidity issues or difficulties in managing supplier relationships. Without the specific data for FMC Corporation's payables turnover ratio, it is challenging to assess the company's effectiveness in managing its accounts payable and vendor relationships during the mentioned period.
Peer comparison
Dec 31, 2024