Mohawk Industries Inc (MHK)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 8,149,200 | 8,425,460 | 8,793,640 | 7,931,880 | 7,121,510 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $8,149,200K ÷ $—K
= —
Based on the data provided, it appears that Mohawk Industries Inc has not disclosed its payables turnover ratio for the years ending December 31, 2020 through December 31, 2024. The payables turnover ratio is a measure of how efficiently a company manages its accounts payable by comparing the amount of purchases on credit to the average accounts payable balance.
Without specific figures for the payables turnover ratio, it is challenging to assess Mohawk Industries Inc's ability to effectively manage its payables and liquidity. It is important for investors and analysts to have access to this ratio to evaluate the company's payment practices and supplier relationships. It would be beneficial for Mohawk Industries Inc to provide this information in order to provide a more comprehensive analysis of its financial performance.
Peer comparison
Dec 31, 2024