Newmont Goldcorp Corp (NEM)
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 | 12,133,000 | 11,951,000 | 10,655,000 | 9,775,000 | 8,807,000 | 8,174,000 | 8,376,000 | 8,676,000 | 8,715,000 | 7,904,000 | 7,788,000 | 7,301,000 | 7,119,000 | 7,549,000 | 7,473,000 | 7,217,000 | 7,314,000 | 7,416,000 | 7,495,000 | 7,762,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $12,133,000K ÷ $—K
= —
The payables turnover ratio for Newmont Goldcorp Corp is not available for the periods provided. The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its accounts payable by comparing the amount of purchases made on credit to the average accounts payable balance. A higher payables turnover ratio typically signifies that a company is paying its suppliers more quickly.
Without specific data points for the payables turnover ratio, it is challenging to assess the company's ability to manage its payables effectively. Monitoring changes in this ratio over time can provide insights into the company's liquidity, supplier relationships, and operational efficiency. Further financial information would be necessary to conduct a thorough analysis of the company's payables turnover ratio.