Kinetik Holdings Inc (KNTK)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 944,815 | 796,707 | 801,863 | 477,177 | 288,816 |
| Payables | US$ in thousands | 27,239 | 34,000 | 17,899 | 12,220 | 13,377 |
| Payables turnover | 34.69 | 23.43 | 44.80 | 39.05 | 21.59 |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $944,815K ÷ $27,239K
= 34.69