Stepan Company (SCL)
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 | 1,908,062 | 1,904,875 | 1,924,708 | 1,951,431 | 2,048,170 | 2,141,860 | 2,251,579 | 2,358,020 | 2,346,201 | 2,313,559 | 2,223,642 | 2,087,453 | 1,950,156 | 1,809,324 | 1,665,955 | 1,544,179 | 1,486,137 | 1,460,441 | 1,467,198 | 1,485,188 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,908,062K ÷ $—K
= —
The payables turnover ratio for Stepan Company is not available for the periods indicated in the data provided. Payables turnover ratio is a financial metric that evaluates how efficiently a company pays its suppliers. It is calculated by dividing the net credit purchases by the average accounts payable balance.
Since the payables turnover data for Stepan Company is not provided, it is not possible to analyze the company's ability to manage its accounts payable effectively. Payables turnover ratio is a key indicator of how efficiently a company is managing its working capital and vendor relationships. A higher payables turnover ratio typically signifies a shorter time taken by the company to pay off its suppliers, which can indicate good liquidity and efficient working capital management.
Without the specific payables turnover numbers, it is challenging to assess Stepan Company's performance in terms of managing its payables and the efficiency of its cash flow cycle. Analyzing this ratio over time could have provided insights into any trends or changes in the company's payment practices and financial health.
Peer comparison
Dec 31, 2024