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.


See also:

United States Steel Corporation Payables Turnover (Quarterly Data)