Mister Car Wash, Inc. Common Stock (MCW)

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
Cost of revenue (ttm) US$ in thousands 359,551 380,212 350,365 328,237 303,776 275,726 271,194 269,721 268,467 265,237 260,447 278,960 265,171 255,148 241,955 188,150 193,971
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $359,551K ÷ $—K
= —

Based on the provided data, it appears that the payables turnover ratio for Mister Car Wash, Inc. Common Stock is not available for the periods indicated. The payables turnover ratio is a financial metric used to assess how efficiently a company is managing its accounts payable by comparing the amount of purchases made on credit to the average accounts payable during a specific period.

In this case, without specific values for the payables turnover ratio, it is challenging to evaluate the company's effectiveness in paying its suppliers or managing its short-term liabilities. A higher payables turnover ratio generally suggests that the company is paying its suppliers more quickly, which can indicate good liquidity management.

However, without the actual values for the payables turnover ratio for the mentioned periods, it is not possible to draw any conclusions regarding Mister Car Wash, Inc. Common Stock's payables management efficiency. It would be important to gather additional financial information or historical data to analyze this metric's trend over time and make informed assessments about the company's performance in managing its accounts payable.


Peer comparison

Dec 31, 2024

Company name
Symbol
Payables turnover
Mister Car Wash, Inc. Common Stock
MCW
Monro Muffler Brake Inc
MNRO
1.79