MDU Resources Group Inc (MDU)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,186,040 | 4,035,300 | 5,828,800 | 4,635,800 | 4,485,400 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $1,186,040K ÷ $—K
= —
As per the provided data, the payables turnover ratio for MDU Resources Group Inc is not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. This ratio typically measures how efficiently a company is managing its trade payables by calculating how many times a company pays off its average accounts payable balance in a given period. Since the payables turnover ratio is not available for the specified years, it is not possible to assess the company's efficiency in managing its accounts payable during that period. It is essential to have this ratio to understand how effectively the company is managing its suppliers and its liquidity position.
Peer comparison
Dec 31, 2024