Southwest Gas Holdings Inc (SWX)

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 4,197,346 4,454,196 4,548,734 4,546,574 4,525,904 5,919,704 5,872,472 5,766,756 5,458,089 3,703,978 3,522,523 3,212,648 2,859,520 2,670,515 2,557,644 2,494,791 2,480,382 2,436,327 2,391,585 2,367,143
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,197,346K ÷ $—K
= —

The payables turnover ratio for Southwest Gas Holdings Inc is not provided in the data provided, as it shows "N/A" for all reported periods. The payables turnover ratio is a measure of how efficiently a company manages its trade payables by comparing the amount of purchases made on credit to the average accounts payable during a certain period.

Without specific values for the payables turnover ratio, it is challenging to assess Southwest Gas Holdings Inc's efficiency in managing its payables. A higher payables turnover ratio generally indicates that the company is paying its suppliers quickly, which could signal strong financial health and good relationships with suppliers. On the other hand, a low payables turnover ratio could indicate that the company is taking longer to pay its bills, potentially straining relationships with vendors or signaling cash flow issues.

To gain a better understanding of Southwest Gas Holdings Inc's payables turnover performance, it would be necessary to have access to specific numerical data for the ratio across multiple reporting periods to analyze trends over time and compare the company's performance to industry benchmarks.


Peer comparison

Dec 31, 2024

Company name
Symbol
Payables turnover
Southwest Gas Holdings Inc
SWX
Chesapeake Utilities Corporation
CPK
ONEOK Inc
OKE
6.09