Essential Utilities Inc (WTRG)
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 | 1,044,709 | 1,069,399 | 1,069,544 | 978,099 | 1,016,029 | 1,165,183 | 1,204,977 | 1,239,660 | 1,215,644 | 1,080,178 | 1,041,619 | 1,003,907 | 890,842 | 844,490 | 832,565 | 832,177 | 694,356 | 529,670 | 458,774 | 373,195 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,044,709K ÷ $—K
= —
The payables turnover ratio for Essential Utilities Inc is not available for any of the reported periods from March 31, 2020, to December 31, 2024. 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 made on credit to the average accounts payable balance during a specific period.
Without the specific values of payables turnover ratio, it is challenging to assess Essential Utilities Inc's ability to convert its trade payables into cash. A higher payables turnover ratio typically indicates that a company is paying off its suppliers more quickly, which can be a sign of healthy liquidity and efficient cash flow management.
In the absence of this ratio data for Essential Utilities Inc, it is recommended to monitor future financial reports to assess changes in their payables turnover and understand how effectively the company is managing its payables over time.
Peer comparison
Dec 31, 2024