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
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.


See also:

LyondellBasell Industries NV Payables Turnover (Quarterly Data)