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.
Peer comparison
Dec 31, 2024