Xcel Energy Inc (XEL)
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 | 9,616,000 | 10,410,000 | 9,687,000 | 9,101,000 | 8,939,000 | 8,998,000 | 9,439,000 | 9,657,000 | 9,450,000 | 8,912,000 | 8,495,000 | 8,312,000 | 8,173,000 | 7,816,000 | 7,566,000 | 7,169,000 | 6,562,000 | 6,460,000 | 6,431,000 | 6,475,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $9,616,000K ÷ $—K
= —
The provided data indicates that the payables turnover ratio for Xcel Energy Inc is not available for any of the reported periods from March 31, 2020, to December 31, 2024. As a result, we are unable to determine the company's efficiency in managing its accounts payable during these time frames. The payables turnover ratio is a measure of how quickly a company pays its suppliers. A higher ratio typically indicates a more efficient management of payables, whereas a lower ratio may suggest a slower payment process.
Without the specific values for the payables turnover ratio, it is challenging to evaluate Xcel Energy Inc's performance in terms of its payment practices towards suppliers. It is important to consider this ratio in conjunction with other financial metrics to get a comprehensive view of the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024