NRG Energy Inc. (NRG)

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 24,027,000 24,857,000 24,039,000 23,569,000 25,862,000 28,988,000 30,369,000 31,294,000 27,446,000 25,605,000 21,495,000 18,565,000 20,499,000 15,128,000 13,470,000 11,947,000 6,540,000 6,579,000 6,698,000 7,109,000
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $24,027,000K ÷ $—K
= —

The payables turnover ratio for NRG Energy Inc. is not available as the payables turnover data is missing for all reported periods up to December 31, 2024. The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its trade credit obligations. It is computed by dividing the total purchases made on credit by the average accounts payable during a specific period.

Without access to the payables turnover data for NRG Energy Inc., it is challenging to assess the speed at which the company is paying its suppliers or the effectiveness of its accounts payable management. This ratio is vital as it provides insights into the liquidity and working capital management practices of the company. A low payables turnover ratio may suggest that the company is taking longer to pay its suppliers, potentially damaging relationships, while a high ratio could indicate a more efficient management of payables.

In the absence of the payables turnover data, a comprehensive evaluation of NRG Energy Inc.'s ability to manage its accounts payable effectively cannot be provided. It would be beneficial to access this data in the future to gain a more holistic understanding of the company's financial performance and operational efficiency.