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.
Peer comparison
Dec 31, 2024
See also:
Occidental Petroleum Corporation Payables Turnover (Quarterly Data)