Occidental Petroleum Corporation (OXY)

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 17,175,000 17,491,000 14,264,000 14,490,000 14,884,000 14,879,000 18,467,000 18,935,000 18,989,000 18,857,000 18,491,000 18,138,000 18,106,000 17,329,000 16,770,000 16,068,000 16,468,000 17,344,000 17,546,000 16,486,000
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $17,175,000K ÷ $—K
= —

Based on the provided data, it appears that there is no specific information available for Occidental Petroleum Corporation's payables turnover ratio for the periods indicated. The lack of data for this financial metric makes it challenging to assess the efficiency of the company in managing its accounts payable over time.

Payables turnover is a financial ratio that measures how effectively a company pays its suppliers. A higher payables turnover ratio generally indicates that a company is paying its suppliers more quickly, which may reflect strong liquidity management. Conversely, a lower ratio could suggest inefficiencies in managing payables or difficulties in meeting payment obligations.

Without the specific data points for Occidental Petroleum Corporation's payables turnover, it is not feasible to conduct a detailed analysis or draw any conclusions regarding the company's payables management practices. It would be beneficial to have access to the actual figures in order to evaluate the trend and efficiency of the company's payables turnover ratio over multiple periods.


See also:

Occidental Petroleum Corporation Payables Turnover (Quarterly Data)