International Paper (IP)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 13,376,000 | 13,629,000 | 15,143,000 | 13,832,000 | 14,373,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $13,376,000K ÷ $—K
= —
Based on the provided data showing that International Paper's payables turnover was not available for the years 2020, 2021, 2022, 2023, and 2024, it is not possible to calculate or analyze the payables turnover ratio. The payables turnover ratio is a key financial metric that indicates how efficiently a company is managing its accounts payable. A higher payables turnover ratio generally signifies that a company is paying its suppliers more quickly, while a lower ratio may indicate that the company is taking longer to settle its payables.
Without specific values for International Paper's payables turnover, it is challenging to assess the company's liquidity and efficiency in managing its trade payables during the referenced periods. To conduct a more comprehensive financial analysis, additional data or information regarding the company's accounts payable and purchases would be necessary to calculate the payables turnover ratio accurately.
Peer comparison
Dec 31, 2024