IDACORP Inc (IDA)

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 1,453,526 1,472,776 1,526,421 1,503,958 1,449,516 1,440,388 1,445,875 1,391,622 1,313,870 1,258,263 1,182,067 1,172,644 1,144,176 1,123,045 1,100,710 1,063,218 1,038,561 980,368 951,765 956,750
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,453,526K ÷ $—K
= —

The payables turnover ratio for IDACORP Inc has been consistently reported as not available (\u2014) across the financial periods from March 31, 2020, to December 31, 2024. The payables turnover ratio is a measure of how efficiently a company manages its trade credit by paying its suppliers. A higher ratio indicates that the company is paying its suppliers more quickly, while a lower ratio may suggest that the company is taking longer to settle its payables.

However, without the specific values for payables turnover, it is challenging to assess the company's efficiency in managing its accounts payables. It is important to note that a stable or improving payables turnover ratio over time can signify effective cash flow management and good relationships with suppliers. In contrast, a declining ratio might signal potential issues in paying suppliers promptly or inefficiencies in working capital management. Further insights and comparison with industry peers would be useful to provide a more comprehensive analysis of IDACORP Inc's payables turnover performance.