Helix Energy Solutions Group Inc (HLX)

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	1,138,996	1,128,601	1,166,972	1,131,129	1,089,372	1,059,945	978,152	888,650	822,484	740,049	684,433	679,278	659,335	631,520	612,666	623,426	653,646	651,617	650,290	642,513
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,138,996K ÷ $—K
= —

The payables turnover ratio for Helix Energy Solutions Group Inc is not available for the periods provided in the dataset. This ratio is a measure of how efficiently a company is managing its payables by indicating how many times a company pays its average accounts payable balance during a specific period.

Without the specific data points, it is challenging to assess the company's payables turnover performance. A high payables turnover ratio typically indicates that the company is able to pay off its suppliers quickly, which may indicate good liquidity management. On the other hand, a low ratio could suggest that the company is taking too long to pay its suppliers, which may strain relationships or indicate potential cash flow issues.

In order to provide a detailed analysis and insights into Helix Energy Solutions Group Inc's payables turnover performance, specific numerical data points for the ratio would be necessary to compare and interpret the trend over time and in relation to industry benchmarks.