Heartland Express Inc (HTLD)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 604,980 | 1,062,180 | 566,068 | 492,642 | 512,765 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $604,980K ÷ $—K
= —
Based on the provided data, Heartland Express Inc's payables turnover ratio for the years 2020 to 2024 is not available (indicated as "—"). The payables turnover ratio is a measure of how efficiently a company manages its accounts payable by measuring how many times a company pays its average accounts payable balance during a period.
The absence of data for the payables turnover ratio over these years makes it challenging to evaluate the company's efficiency in managing its payables. It is essential for investors and analysts to have this information as it provides insights into the company's payment practices, supplier relationships, and liquidity management. Further data or context would be required to conduct a detailed analysis of Heartland Express Inc's payables turnover ratio and its implications for the company's financial performance and operational efficiency.
Peer comparison
Dec 31, 2024