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.
Peer comparison
Dec 31, 2024
Company name
Symbol
Payables turnover
Xcel Energy Inc
XEL
—
Allete Inc
ALE
1.91
Alliant Energy Corp
LNT
—
Ameren Corp
AEE
—
Avista Corporation
AVA
—
CMS Energy Corporation
CMS
—
Consolidated Edison Inc
ED
—
Duke Energy Corporation
DUK
—
Evergy, Inc.
EVRG
—
Exelon Corporation
EXC
—
NiSource Inc
NI
1.78