Nucor Corp (NUE)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 26,632,000 26,889,500 29,009,200 25,458,500 17,911,700
Payables US$ in thousands — — — — —
Payables turnover — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $26,632,000K ÷ $—K
= —

The payables turnover ratio for Nucor Corp is not provided in the financial data for the years ending December 31, 2020 to December 31, 2024. The absence of this ratio prevents us from evaluating the efficiency of Nucor in managing its accounts payable during these years. Payables turnover is a key metric that helps assess how quickly a company pays off its suppliers, and the lack of this information hinders a comprehensive analysis of Nucor's liquidity and operational effectiveness in relation to its trade payables.