Heartland Express Inc (HTLD)
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 | 896,931 | 1,032,729 | 1,073,423 | 1,081,998 | 1,092,950 | 1,068,295 | 973,282 | 749,721 | 566,067 | 438,093 | 381,495 | 460,352 | 492,644 | 496,757 | 501,655 | 503,823 | 512,764 | 532,941 | 528,443 | 512,872 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $896,931K ÷ $—K
= —
The payables turnover ratio for Heartland Express Inc is not provided for any of the periods up to December 31, 2024, as the values are represented as "—". Payables turnover is a financial ratio that measures how efficiently a company manages its payments to suppliers and vendors. A high payables turnover ratio indicates that the company is paying its suppliers quickly, while a low ratio may suggest that the company is taking a longer time to pay its suppliers.
Without specific data on the payables turnover ratio for Heartland Express Inc, it is challenging to assess how effectively the company is managing its payables and their liquidity position in relation to their suppliers. Further information on the company's payment practices and relationships with suppliers would be needed to provide a more in-depth analysis of their payables turnover performance.
Peer comparison
Dec 31, 2024