LyondellBasell Industries NV (LYB)
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 | ||
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Cost of revenue (ttm) | US$ in thousands | 35,890,000 | 36,083,000 | 36,180,000 | 35,863,000 | 35,849,000 | 36,265,000 | 38,176,000 | 41,575,000 | 43,847,000 | 45,425,000 | 44,446,000 | 40,855,000 | 37,397,000 | 33,175,000 | 28,951,000 | 25,169,000 | 24,359,000 | 24,691,000 | 26,075,000 | 28,723,000 |
Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $35,890,000K ÷ $—K
= —
The payables turnover ratio for LyondellBasell Industries NV is not provided in the dataset. The payables turnover ratio measures how efficiently a company is managing its accounts payable by calculating how many times a company pays off its average accounts payable balance during a period. Typically, a higher payables turnover ratio indicates that the company is paying its suppliers more frequently, which could imply good liquidity and strong supplier relationships. Conversely, a lower ratio may signify potential cash flow issues or extended payment terms with suppliers.
Without the specific data points for the payables turnover ratio, it is challenging to assess LyondellBasell's performance in this aspect. It would be beneficial to have the actual values for accounts payable and cost of goods sold to calculate the payables turnover ratio for a more accurate analysis of the company's payables management efficiency.
Peer comparison
Dec 31, 2024
See also:
LyondellBasell Industries NV Payables Turnover (Quarterly Data)