3M Company (MMM)
Payables turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 15,080,000 | 14,743,000 | 14,602,000 | 14,506,000 | 14,495,000 | 15,435,000 | 16,364,000 | 17,371,000 | 18,477,000 | 18,384,000 | 18,532,000 | 19,019,000 | 19,232,000 | 19,345,000 | 19,470,000 | 19,096,000 | 18,795,000 | 18,485,000 | 17,935,000 | 17,021,000 |
| Payables | US$ in thousands | 2,702,000 | 2,735,000 | 2,840,000 | 2,756,000 | 2,660,000 | 2,689,000 | 2,813,000 | 3,372,000 | 2,776,000 | 3,104,000 | 3,231,000 | 3,130,000 | 3,183,000 | 3,063,000 | 3,273,000 | 3,164,000 | 2,994,000 | 2,862,000 | 2,931,000 | 2,670,000 |
| Payables turnover | 5.58 | 5.39 | 5.14 | 5.26 | 5.45 | 5.74 | 5.82 | 5.15 | 6.66 | 5.92 | 5.74 | 6.08 | 6.04 | 6.32 | 5.95 | 6.04 | 6.28 | 6.46 | 6.12 | 6.37 |
December 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ 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
4.03
Matthews International Corporation
MATW
—