MDU Resources Group Inc (MDU)
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 | 2,902,995 | 3,752,295 | 3,710,671 | 3,703,390 | 4,184,600 | 4,773,900 | 5,579,100 | 6,127,200 | 5,828,710 | 5,481,110 | 5,125,810 | 4,830,910 | 4,635,820 | 4,556,020 | 4,543,520 | 4,484,920 | 4,485,400 | 4,500,400 | 4,502,600 | 4,497,400 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,902,995K ÷ $—K
= —
Based on the provided data, MDU Resources Group Inc's payables turnover ratio is not available for the periods up to December 31, 2024. The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its accounts payable by measuring the number of times a company pays off its average accounts payable balance in a given period.
However, without specific values for the payables turnover ratio, it is not possible to assess MDU Resources Group Inc's ability to manage and pay its accounts payable. The payables turnover ratio is typically used in conjunction with other financial ratios and metrics to evaluate a company's liquidity, financial health, and operational efficiency. It is an important indicator for assessing how well a company is managing its working capital and vendor relationships.
In order to conduct a more thorough analysis of MDU Resources Group Inc's payables turnover, it would be necessary to have access to the specific figures for accounts payable and cost of goods sold from its financial statements for the relevant periods. This information would allow for a deeper understanding of the company's payment practices and efficiency in managing its payables.
Peer comparison
Dec 31, 2024