Nucor Corp (NUE)
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 | 26,619,430 | 26,481,240 | 26,649,940 | 26,795,880 | 26,899,100 | 27,214,760 | 28,017,190 | 28,685,820 | 29,009,180 | 29,223,920 | 28,473,510 | 27,098,960 | 25,458,520 | 23,158,840 | 20,677,650 | 18,311,340 | 17,911,710 | 18,066,740 | 18,532,970 | 19,704,110 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $26,619,430K ÷ $—K
= —
The payables turnover ratio for Nucor Corp is unavailable for the periods from March 31, 2020, to December 31, 2024, as indicated by the data provided. The payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its accounts payable. It is calculated by dividing the net credit purchases by the average accounts payable.
Without specific data points, it is not possible to analyze Nucor Corp's payables turnover ratio over time. Typically, a high payables turnover ratio indicates that the company is paying its suppliers quickly, which may suggest strong liquidity or effective working capital management. On the other hand, a low payables turnover ratio could indicate that the company is taking longer to pay its suppliers, potentially leading to strained relationships or missed opportunities for early payment discounts.
In the case of Nucor Corp, without the actual ratios for the respective periods, it is challenging to provide a detailed analysis of its payables turnover and its implications for the company's financial performance and operations. It is recommended to review the missing data points and calculate the payables turnover ratio to gain insights into how effectively Nucor is managing its accounts payable.
Peer comparison
Dec 31, 2024