WEC Energy Group Inc (WEC)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,814,000 | 5,291,700 | 6,296,900 | 5,316,500 | 4,351,700 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $4,814,000K ÷ $—K
= —
The payables turnover ratio for WEC Energy Group Inc has been noted as not available for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024. This ratio is crucial as it indicates the efficiency with which the company is managing its accounts payable. The lack of this data makes it challenging to assess the company's performance in terms of paying its suppliers and managing its payable obligations effectively. Further analysis or additional information would be required to evaluate the company's payables turnover and its implications for the business operations.
Peer comparison
Dec 31, 2024
Company name
Symbol
Payables turnover
WEC Energy Group Inc
WEC
—
Allete Inc
ALE
1.91
Alliant Energy Corp
LNT
—
Ameren Corp
AEE
—
Avista Corporation
AVA
—
CMS Energy Corporation
CMS
—
Consolidated Edison Inc
ED
—
Duke Energy Corporation
DUK
—
Evergy, Inc.
EVRG
—
Exelon Corporation
EXC
—
NiSource Inc
NI
1.78