SM Energy Co (SM)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,446,280 | 1,254,020 | 1,224,690 | 1,279,800 | 1,176,200 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,446,280K ÷ $—K
= —
The payables turnover ratio for SM Energy Co indicates the efficiency with which the company is managing its trade payables. With the information provided, it appears that the payables turnover ratio for SM Energy Co is not available for the years 2020, 2021, 2022, 2023, and 2024. This lack of data hinders our ability to assess the company's ability to pay off its suppliers in a timely manner and manage its working capital effectively. It's important for the company to consistently track and report this ratio to evaluate its liquidity and relationship with suppliers over time. It may be beneficial for stakeholders and management to delve deeper into the company's payables management practices to ensure a sustainable and efficient supply chain.
Peer comparison
Dec 31, 2024