Mednax Inc (MD)
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 | 1,577,674 | 1,599,112 | 1,604,498 | 1,590,651 | 1,573,075 | 1,575,836 | 1,550,820 | 1,526,299 | 1,504,988 | 1,467,578 | 1,447,752 | 1,428,369 | 1,397,949 | 1,346,329 | 1,323,792 | 1,353,266 | 1,690,027 | 2,060,997 | 2,385,912 | 2,652,199 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,577,674K ÷ $—K
= —
The payables turnover ratio for Mednax Inc, based on the provided data, is not available as the payables turnover figures are represented as "—," indicating missing or unavailable data for the period ranging from March 31, 2020, to December 31, 2024.
The payables turnover ratio is a financial metric that helps evaluate how efficiently a company manages its accounts payable by measuring how many times a company pays off its average accounts payable balance in a given period. A higher payables turnover ratio usually indicates that the company pays off its suppliers more quickly, which may indicate good liquidity management. Conversely, a lower ratio may suggest inefficiencies in the company's payables management or potential cash flow issues.
Without access to the specific payables turnover values for Mednax Inc, it is challenging to assess the company's payables management efficiency accurately. It is essential for a company to monitor and manage its payables turnover effectively to maintain good relationships with suppliers, optimize cash flow, and improve overall financial performance.
Peer comparison
Dec 31, 2024