Southern Company (SO)
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 | 15,737,000 | 15,614,000 | 15,519,000 | 14,358,000 | 13,546,000 | 15,177,000 | 16,952,000 | 18,193,000 | 18,459,000 | 17,228,000 | 15,395,000 | 13,985,000 | 13,054,000 | 12,134,000 | 11,558,000 | 10,963,000 | 10,478,000 | 10,612,000 | 10,831,000 | 11,295,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $15,737,000K ÷ $—K
= —
The data provided for Southern Company's payables turnover ratio from March 31, 2020, to December 31, 2024, indicates that the ratio is not available (\u2014) for all the reported periods. As a result, it is not possible to analyze the efficiency with which Southern Company is managing its accounts payable during these periods using the payables turnover ratio.
A payables turnover ratio reflects how quickly a company pays its suppliers or vendors for goods and services purchased on credit. A higher payables turnover ratio generally indicates that a company is paying off its accounts payable more frequently, which may imply efficient cash management or good relationships with suppliers. Conversely, a low payables turnover ratio may suggest delays in payments or strained relationships with suppliers.
However, without the specific data on Southern Company's payables turnover ratio, it is not feasible to assess the company's performance in managing its accounts payable over the given time frame. It would be essential for future reports to include this metric to provide stakeholders with a more comprehensive understanding of Southern Company's financial management practices related to its payables.
Peer comparison
Dec 31, 2024