3M Company (MMM)
Payables turnover
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 15,080,000 | 14,495,000 | 18,477,000 | 19,263,000 | 18,743,000 |
| Payables | US$ in thousands | 2,702,000 | 2,660,000 | 2,776,000 | 3,183,000 | 2,994,000 |
| Payables turnover | 5.58 | 5.45 | 6.66 | 6.05 | 6.26 |
December 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $15,080,000K ÷ $2,702,000K
= 5.58
Peer comparison
Dec 31, 2025
Company name
Symbol
Payables turnover
3M Company
MMM
5.58
Deluxe Corporation
DLX
—
Honeywell International Inc
HON
3.74
Matthews International Corporation
MATW
—