EMCOR Group Inc (EME)
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 | 11,801,070 | 11,609,550 | 11,309,480 | 10,882,140 | 10,493,540 | 10,167,080 | 9,918,080 | 9,686,900 | 9,472,520 | 9,214,650 | 8,941,850 | 8,678,860 | 8,401,850 | 8,062,340 | 7,760,540 | 7,397,890 | 7,401,680 | 7,543,230 | 7,656,450 | 7,935,530 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $11,801,070K ÷ $—K
= —
The payables turnover ratio for EMCOR Group Inc is not provided in the data set for the period from March 31, 2020, to December 31, 2024. This ratio is typically calculated by dividing the total purchases made by the average accounts payable during a specific period.
The payables turnover ratio helps in assessing how efficiently a company is managing its payables by measuring how many times during a period the company pays off its average accounts payable balance. A higher payables turnover ratio indicates that the company is paying its suppliers more frequently and efficiently, whereas a lower ratio may suggest that the company is taking longer to pay its suppliers.
Since the data for the payables turnover ratio is not available, an in-depth analysis of EMCOR Group Inc's payables management efficiency based on this specific financial metric cannot be conducted at this time. It is essential to monitor and analyze this ratio over time to understand the company's payment practices and its impact on financial performance comprehensively.
Peer comparison
Dec 31, 2024