Essential Utilities Inc (WTRG)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 864,259 | 927,824 | 1,215,640 | 890,842 | 694,356 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $864,259K ÷ $—K
= —
Based on the provided data, it appears that Essential Utilities Inc did not report any specific values for its payables turnover ratio for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. As a result, without this information, it is challenging to assess the efficiency of Essential Utilities Inc in managing its accounts payable during these years. Monitoring the payables turnover ratio is crucial as it indicates how quickly a company is paying its suppliers and managing its working capital. It is essential for stakeholders to have access to this data to gain insights into the company's liquidity management and overall financial health.
Peer comparison
Dec 31, 2024