WEC Energy Group Inc (WEC)
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 | 5,413,000 | 5,221,100 | 5,237,500 | 4,954,600 | 5,062,300 | 5,792,400 | 5,947,800 | 6,302,800 | 6,296,900 | 6,028,100 | 5,803,100 | 5,408,800 | 5,316,500 | 5,031,800 | 4,978,900 | 4,906,800 | 4,351,700 | 4,383,900 | 4,415,900 | 4,493,800 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $5,413,000K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for WEC Energy Group Inc is not available or not provided for the periods spanning from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that indicates how many times in a period a company pays off its accounts payable. This ratio is calculated by dividing the total purchases made on credit by the average accounts payable during a specific period.
Without the specific numerical values for the accounts payable and purchases made on credit, it is not possible to calculate and analyze the payables turnover ratio for WEC Energy Group Inc. This ratio is essential in understanding how efficiently a company manages its accounts payable and how promptly it settles its outstanding debts to suppliers.
It is recommended to review the company's financial statements or seek additional data to compute the payables turnover ratio for WEC Energy Group Inc, as this information is crucial for assessing the company's liquidity and operational efficiency in managing its payables.
Peer comparison
Dec 31, 2024