Valero Energy Corporation (VLO)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 125,121,000 | 131,867,000 | 159,632,000 | 110,895,000 | 65,700,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $125,121,000K ÷ $—K
= —
Based on the data provided, it appears that the payables turnover ratio for Valero Energy Corporation is missing for the years December 31, 2020 to December 31, 2024. The payables turnover ratio is typically calculated by dividing the cost of goods sold by the average accounts payable for a specific period, reflecting how efficiently a company is managing its payables.
Without specific values for the payables turnover ratio, it is difficult to assess Valero Energy Corporation's ability to pay its suppliers and manage its payables effectively. Payables turnover is an important metric in evaluating a company's liquidity and working capital management. Further data or context would be necessary to provide a comprehensive analysis of this aspect of Valero Energy Corporation's financial performance.
Peer comparison
Dec 31, 2024