M/I Homes Inc (MHO)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 3,305,780 3,014,570 3,087,550 2,836,970 2,369,800
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $3,305,780K ÷ $—K
= —

Based on the provided data, it appears that there is no specific information available for M/I Homes Inc's payables turnover for the years 2020 to 2024. The payables turnover ratio is a financial metric that measures how efficiently a company is paying its suppliers. Without the actual values for payables turnover, it is challenging to assess M/I Homes Inc's ability to manage its accounts payable effectively and optimize its cash flow through timely payments to suppliers. Additional financial data would be required to conduct a more in-depth analysis of this aspect of the company's financial performance.