Organon & Co (OGN)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,688,000 | 2,675,000 | 2,628,000 | 2,600,000 | 2,515,000 | 2,426,000 | 2,365,000 | 2,313,000 | 2,294,000 | 2,299,000 | 2,357,000 | 2,352,000 | 2,382,000 | 3,597,000 | 3,523,000 | 3,400,000 | 3,347,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,688,000K ÷ $—K
= —
The payables turnover ratio for Organon & Co indicates how efficiently the company is managing its trade payables. As per the provided data, the payables turnover ratio is not available for any of the reporting periods from December 31, 2020, to December 31, 2024.
The absence of information on the payables turnover ratio restricts our ability to assess the speed at which the company is paying its suppliers or the frequency with which it is turning over its accounts payable. Generally, a higher payables turnover ratio is favorable as it suggests that the company is paying its suppliers more quickly.
Without the specific figures for the payables turnover ratio, it is challenging to evaluate Organon & Co's ability to effectively manage its accounts payable and optimize its working capital efficiency. Further insights into the company's payables turnover performance would be necessary for a more detailed assessment of its financial management practices.
Peer comparison
Dec 31, 2024