United States Steel Corporation (X)
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 | 14,532,000 | 15,288,000 | 15,705,000 | 16,225,000 | 16,491,000 | 16,379,000 | 16,882,000 | 17,557,000 | 17,446,000 | 13,464,000 | 12,976,000 | 11,878,000 | 11,103,000 | 13,489,000 | 11,860,000 | 10,442,000 | 10,244,000 | 10,837,000 | 11,498,000 | 12,384,000 |
Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $14,532,000K ÷ $—K
= —
The payables turnover ratio for United States Steel Corporation is not available for the period from March 31, 2020, to December 31, 2024, as indicated by the data provided in the JSON file. The payables turnover ratio is a liquidity ratio that measures how efficiently a company pays its suppliers. It is calculated by dividing the cost of goods sold by the average accounts payable during a specific period.
Without the specific values for accounts payable and cost of goods sold, it is challenging to analyze the payables turnover ratio. A higher payables turnover ratio typically indicates that a company is paying its suppliers more quickly, which may signify strong cash flow management. Conversely, a lower ratio could suggest potential liquidity issues or strained relationships with suppliers.
In the absence of the required data points, a detailed analysis of United States Steel Corporation's payables turnover ratio is not feasible at this time. Further financial information would be needed to provide a more comprehensive assessment of the company's payment practices and liquidity position.
Peer comparison
Dec 31, 2024
See also:
United States Steel Corporation Payables Turnover (Quarterly Data)