Mednax Inc (MD)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,558,580 | 1,573,080 | 1,504,990 | 1,397,950 | 1,284,630 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,558,580K ÷ $—K
= —
Based on the provided data for Mednax Inc's payables turnover, it appears that the company's payables turnover ratio is not available for the years 2020 to 2024. The payables turnover ratio is a key metric used to assess how efficiently a company is managing its accounts payable by comparing the amount owed to suppliers with the purchases made on credit.
The absence of data on payables turnover for Mednax Inc suggests a lack of transparency or disclosure regarding this particular aspect of the company's financial operations. Without this information, it is challenging to evaluate the company's ability to pay its suppliers in a timely manner or analyze its working capital management.
It is important for investors and stakeholders to have access to complete and accurate financial information, including key ratios like payables turnover, to make informed decisions about the company's financial health and operational efficiency. Lack of data on payables turnover could raise concerns regarding the company's financial reporting practices or potentially highlight areas for improvement in disclosure and transparency.
Peer comparison
Dec 31, 2024