Ovintiv Inc (OVV)

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 5,318,000 6,115,000 6,459,000 6,079,000 5,555,000 4,617,000 4,569,000 4,893,000 5,168,000 5,520,000 5,280,000 4,886,000 4,434,000 3,997,000 3,639,000 3,361,000 3,373,000 3,485,000 3,585,000 3,573,000
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,318,000K ÷ $—K
= —

The payables turnover ratio for Ovintiv Inc is not available for the periods provided in the financial data. Payables turnover ratio is a financial metric that measures how quickly a company pays its suppliers. A higher payables turnover ratio typically indicates that a company is paying its suppliers more quickly.

Without the specific values for the payables turnover ratio for Ovintiv Inc, it is challenging to assess the company's efficiency in managing its accounts payable and relationships with its suppliers. Monitoring the payables turnover ratio over time can provide insights into the company's liquidity, operational efficiency, and vendor management practices. It would be beneficial to obtain the missing data points to conduct a thorough analysis of Ovintiv Inc's payables turnover performance.