Valero Energy Corporation (VLO)

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	125,197,000	128,610,000	131,123,000	129,538,000	131,877,000	135,408,000	141,205,000	154,840,000	159,632,000	156,555,000	144,726,000	126,603,000	110,895,000	93,735,000	81,341,000	62,726,000	65,700,000	74,745,000	84,667,000	104,055,000
Payables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $125,197,000K ÷ $—K
= —

The payables turnover ratio for Valero Energy Corporation is not provided in the data shared. The payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its trade payables by comparing the amount of purchases on credit to the average accounts payable for a period. A high payables turnover ratio indicates that the company is paying its suppliers quickly, while a low ratio suggests that the company is taking longer to pay its creditors.

Without the specific values for the payables turnover ratio over time, it is not possible to analyze the trend or assess the efficiency of Valero Energy Corporation in managing its payables. Monitoring changes in the payables turnover ratio can provide insights into the company's liquidity, operational efficiency, and relationships with suppliers. It would be beneficial to have access to the actual values of the payables turnover ratio for a more in-depth analysis of Valero Energy Corporation's payables management.