MasterBrand Inc. (MBC)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,823,400 | 1,813,000 | 1,772,700 | 1,786,100 |
| Payables | US$ in thousands | 180,700 | 175,300 | 173,600 | 163,600 |
| Payables turnover | 10.09 | 10.34 | 10.21 | 10.92 |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,823,400K ÷ $180,700K
= 10.09
The payables turnover ratio for MasterBrand Inc. has been relatively stable over the four quarters of 2024. The average payables turnover ratio for the year is approximately 10.39, indicating that the company takes around 10.39 times to pay off its accounts payable within a year. This suggests that MasterBrand Inc. efficiently manages its accounts payable by effectively balancing the timing of payments with its operational cash flow. A high payables turnover ratio typically indicates that the company is able to settle its obligations quickly, possibly benefiting from favorable credit terms or effective cash management practices. Overall, a consistent and healthy payables turnover ratio like MasterBrand Inc.'s reflects good financial health and effective working capital management.
Peer comparison
Dec 31, 2024