Hess Corporation (HES)
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 | 4,749,000 | 6,162,000 | 6,662,000 | 5,779,000 | 5,011,000 | 3,889,000 | 3,803,000 | 3,620,000 | 3,410,000 | 3,229,000 | 3,012,000 | 2,942,000 | 2,929,000 | 2,997,000 | 3,133,000 | 3,208,000 | 3,416,000 | 3,588,000 | 3,640,000 | 3,646,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,749,000K ÷ $—K
= —
The payables turnover ratio for Hess Corporation is not provided in the data provided. The payables turnover ratio is a financial ratio that measures how efficiently a company is managing its outstanding supplier payments. It is calculated by dividing the total purchases made on credit by the average accounts payable during a specific period.
Without the specific data points for accounts payable and purchases on credit, it is not possible to calculate the payables turnover ratio for the company. This ratio is important as it helps assess how long a company takes to pay off its suppliers and how effectively it uses trade credit to finance its operations.
To perform a more in-depth analysis of Hess Corporation's payables turnover, additional information such as accounts payable balances and purchases on credit for the periods in question would be required.
Peer comparison
Dec 31, 2024