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