Ovintiv Inc (OVV)
Number of days of payables
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The data provided indicates that the number of days of payables for Ovintiv Inc is not explicitly available for the periods from March 31, 2020, to December 31, 2024. This lack of information on the number of days of payables hinders the in-depth analysis of Ovintiv's payment practices to its suppliers. Days payable outstanding (DPO) is a crucial financial metric that illustrates how long a company takes to pay its suppliers for the goods and services it has received.
Without specific figures for the number of days of payables, it is challenging to assess Ovintiv's efficiency in managing its accounts payable, the company's cash flow performance, and its overall financial health related to its payment obligations. Understanding the evolution of DPO over time could provide insights into Ovintiv's liquidity position, working capital management, and potential relationships with its vendors.
In conclusion, the absence of data on the number of days of payables across the specified periods limits the ability to conduct a comprehensive analysis of Ovintiv Inc's payment cycle and its implications for the company's financial management and strategic decision-making.
Peer comparison
Dec 31, 2024