TechnipFMC PLC (FTI)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 7,315,400 | 6,483,200 | 5,804,100 | 5,579,600 | 5,835,800 |
| Payables | US$ in thousands | 1,302,600 | 1,355,800 | 1,282,800 | 1,294,300 | 1,201,000 |
| Payables turnover | 5.62 | 4.78 | 4.52 | 4.31 | 4.86 |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $7,315,400K ÷ $1,302,600K
= 5.62