Par Pacific Holdings Inc (PARR)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 7,232,740 | 6,957,940 | 6,475,780 | 4,432,720 | 3,037,730 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $7,232,740K ÷ $—K
= —
Based on the data provided, the payables turnover ratio for Par Pacific Holdings Inc is not available for the years from December 31, 2020, to December 31, 2024. The payables turnover ratio indicates how efficiently a company is managing its accounts payable by measuring how many times a company pays off its average accounts payable balance during a period.
The absence of data for the payables turnover ratio for these years makes it challenging to assess the company's efficiency in managing its payables. It is essential for investors and analysts to have access to this ratio to evaluate the company's liquidity, vendor management, and overall financial health. A consistent or improving payables turnover ratio may indicate that the company is effectively managing its payables and maintaining good relationships with its suppliers. However, without the specific data points, a thorough analysis of Par Pacific Holdings Inc's payables turnover performance cannot be conducted accurately.
Peer comparison
Dec 31, 2024