Solventum Corp. (SOLV)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,659,000 | 3,684,000 | 3,668,000 | 3,604,500 | 3,642,000 | 3,558,000 | 3,517,000 | 3,476,000 | 3,435,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,659,000K ÷ $—K
= —
The payables turnover ratio for Solventum Corp. is not available for the periods provided in the data. The payables turnover ratio is a financial metric that measures how efficiently a company manages its trade credit payables by evaluating how many times during a specific period the company pays off its average accounts payable balance.
Without specific values for payables turnover for the given dates, it's challenging to assess Solventum Corp.'s ability to manage its accounts payable effectively. A higher payables turnover ratio typically indicates that the company is paying its suppliers more frequently, which can signify strong liquidity and efficient cash flow management.
In the absence of actual numerical data, further analysis or comparison with industry averages or past performance would be required to evaluate Solventum Corp.'s payables turnover efficiency in a meaningful way.
Peer comparison
Dec 31, 2024