Northwest Natural Gas Co (NWN)

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 463,425 731,742 846,409 869,025 890,173 838,545 813,605 776,303 696,128 629,674 614,873 570,649 531,281 496,140 488,302 481,038 473,175 475,947 474,322 463,764
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $463,425K ÷ $—K
= —

The payables turnover ratio for Northwest Natural Gas Co has not been provided in the financial data from March 31, 2020, to December 31, 2024.

The payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its accounts payable by comparing the purchases made on credit to the average accounts payable balance during a specific period. A higher payables turnover ratio indicates that the company is paying off its suppliers more quickly, which may suggest strong liquidity and efficient working capital management.

Since the payables turnover ratio data is not available for the specified period, it is not possible to analyze Northwest Natural Gas Co's ability to manage its accounts payable effectively based on this metric. As a financial analyst, it would be important to monitor this ratio in the future to assess the company's financial performance and working capital management.