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.
Peer comparison
Dec 31, 2024