SM Energy Co (SM)
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 | 1,481,951 | 1,333,283 | 1,309,578 | 1,279,631 | 1,254,024 | 1,221,852 | 1,200,061 | 1,217,057 | 1,224,692 | 1,273,710 | 1,306,330 | 1,316,084 | 1,279,802 | 1,221,403 | 1,159,922 | 1,091,053 | 1,176,204 | 1,247,216 | 1,310,418 | 1,378,497 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,481,951K ÷ $—K
= —
The payables turnover ratio for SM Energy Co is not available for the specified periods from March 31, 2020, to December 31, 2024, as indicated by the data provided. The payables turnover ratio is a financial metric that measures how efficiently a company is managing its payables by evaluating how many times a company pays its average accounts payable balance over a specific period.
Without the specific values for accounts payable and cost of goods sold, it is not possible to calculate the payables turnover ratio for SM Energy Co. It is an important ratio for assessing the relationship between a company's payables and its level of purchasing activity.
A high payables turnover ratio suggests that the company is paying its suppliers quickly, which could indicate strong liquidity or a good relationship with suppliers. On the other hand, a low ratio may suggest that the company is taking longer to pay its suppliers, which may signal potential liquidity issues or strained supplier relationships.
In conclusion, without the necessary data points to compute the payables turnover ratio for SM Energy Co, a detailed analysis of its payables management efficiency and relationship with suppliers cannot be provided at this time.
Peer comparison
Dec 31, 2024