NewJersey Resources Corporation (NJR)
Payables turnover
| Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,585,740 | 1,100,070 | 1,352,510 | 2,310,820 | 1,718,570 |
| Payables | US$ in thousands | 267,712 | 226,747 | 203,926 | 392,480 | 393,055 |
| Payables turnover | 5.92 | 4.85 | 6.63 | 5.89 | 4.37 |
September 30, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,585,740K ÷ $267,712K
= 5.92
Peer comparison
Sep 30, 2025
Company name
Symbol
Payables turnover
NewJersey Resources Corporation
NJR
5.92
Atmos Energy Corporation
ATO
5.88
Spire Inc
SR
2.18
UGI Corporation
UGI
8.25