Newmont Goldcorp Corp (NEM)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 12,133,000 | 8,807,000 | 8,653,000 | 7,758,000 | 7,314,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $12,133,000K ÷ $—K
= —
The payables turnover ratio for Newmont Goldcorp Corp is not available for the years 2020, 2021, 2022, 2023, and 2024 based on the provided data. Payables turnover ratio is a financial metric used to evaluate how quickly a company pays its suppliers. Without the specific values for payables turnover, it is challenging to assess the efficiency of Newmont Goldcorp Corp in managing its accounts payable and liquidity. Additional financial information or historical data would be required to conduct a more in-depth analysis of the company's payables turnover performance over time.