Xcel Energy Inc (XEL)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 7,293,000 8,272,000 9,450,000 8,173,000 6,562,000
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $7,293,000K ÷ $—K
= —

The payables turnover ratio for Xcel Energy Inc is not available for the years 2020 to 2024 in the provided data. The payables turnover ratio is a metric that indicates how efficiently a company is managing its payments to suppliers. Without this specific information, it is challenging to evaluate Xcel Energy's ability to effectively leverage its accounts payable to support its operations or assess its liquidity position concerning its trade payables. It is recommended to obtain the missing data to conduct a more comprehensive analysis of Xcel Energy Inc's payables turnover ratio.