GE Vernova LLC (GEV)

Payables turnover

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cost of revenue US$ in thousands 28,274,000 26,004,000 27,692,000
Payables US$ in thousands
Payables turnover

December 31, 2023 calculation

Payables turnover = Cost of revenue ÷ Payables
= $28,274,000K ÷ $—K
= —

Unfortunately, without the specific values for payables and cost of goods sold, we are unable to calculate the payables turnover ratio for GE Vernova LLC for the years ending December 31, 2023, 2022, and 2021. The payables turnover ratio is a key indicator of how efficiently a company is managing its suppliers and trade credit. A higher payables turnover ratio typically indicates that the company is paying its suppliers more quickly, which may suggest strong liquidity but could also lead to strained relationships with suppliers. Conversely, a lower payables turnover ratio may indicate that the company is paying its suppliers more slowly, potentially taking advantage of trade credit terms. It is crucial to have the specific financial data to calculate this ratio accurately and draw meaningful conclusions about the company's payables management performance.


Peer comparison

Dec 31, 2023