Energy Services Of America Corp

NASDAQ ESOA

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Energy Services Of America Corp Payables Turnover 3 year CAGR for the quarter ending March 31, 2024: -20.61%

Energy Services Of America Corp Payables Turnover 3 year CAGR is -20.61% for the quarter ending March 31, 2024, a -51.15% change year over year. Payables turnover measures the efficiency with which a company manages its accounts payable. It is calculated by dividing the cost of revenue by the accounts payable. This ratio indicates how quickly a company pays off its obligations to suppliers and vendors. A higher turnover suggests that the company is efficiently managing its accounts payable, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Energy Services Of America Corp Payables Turnover for the quarter ending March 31, 2023 was 3.52, a -26.01% change year over year.
  • Energy Services Of America Corp Payables Turnover for the quarter ending March 31, 2022 was 4.75, a -2.28% change year over year.
  • Energy Services Of America Corp Payables Turnover for the quarter ending March 31, 2021 was 4.86, a -5.23% change year over year.
  • Energy Services Of America Corp Payables Turnover for the quarter ending March 31, 2020 was 5.13, a -3.90% change year over year.
NASDAQ: ESOA

Energy Services Of America Corp

CEO Mr. Douglas Vernon Reynolds
IPO Date Aug. 31, 2006
Location United States
Headquarters 75 West 3rd Avenue, Huntington, WV, United States, 25701
Employees 1,282
Sector Industrials
Industry Engineering & construction
Description

Energy Services of America Corporation, together with its subsidiaries, provides contracting services for utilities and energy related companies in the United States. The company constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to pipeline, storage facilities, and plant works. It also offers electrical and mechanical installation, and repair services, including substation and switchyard, site preparation, equipment setting, pipe fabrication and installation, packaged buildings, transformers, and other ancillary works for the gas, petroleum power, chemical, water and sewer, and automotive industries. In addition, the company provides corrosion protection services, horizontal drilling services, liquid pipeline and pump station construction, production facility construction, water and sewer pipeline installation, and various maintenance and repair services, as well as other services related to pipeline construction. Further, it serves customers primarily in West Virginia, Virginia, Ohio, Pennsylvania, and Kentucky. Energy Services of America Corporation was incorporated in 2006 and is based in Huntington, West Virginia.

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StockViz Staff

September 19, 2024

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