NewJersey Resources Corporation (NJR)
Payables turnover
| 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 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,221,052 | 1,120,801 | 1,238,418 | 1,184,928 | 1,171,005 | 1,198,197 | 1,194,791 | 1,128,582 | 1,352,511 | 1,774,322 | 2,041,272 | 2,334,769 | 2,310,818 | 2,160,549 | 2,041,081 | 1,885,703 | 1,718,572 | 1,550,359 | 1,471,018 | 1,413,585 |
| Payables | US$ in thousands | 267,712 | 202,660 | 232,108 | 201,923 | 226,747 | 198,825 | 192,473 | 182,662 | 203,926 | 169,524 | 198,685 | 269,456 | 392,480 | 332,345 | 266,778 | 318,993 | 393,055 | 278,759 | 256,143 | 231,412 |
| Payables turnover | 4.56 | 5.53 | 5.34 | 5.87 | 5.16 | 6.03 | 6.21 | 6.18 | 6.63 | 10.47 | 10.27 | 8.66 | 5.89 | 6.50 | 7.65 | 5.91 | 4.37 | 5.56 | 5.74 | 6.11 |
September 30, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,221,052K ÷ $267,712K
= 4.56
Peer comparison
Sep 30, 2025
Company name
Symbol
Payables turnover
NewJersey Resources Corporation
NJR
4.56
Atmos Energy Corporation
ATO
4.25
Spire Inc
SR
5.52
UGI Corporation
UGI
8.25