M/I Homes Inc (MHO)
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 | 3,305,781 | 3,125,531 | 3,056,701 | 3,012,029 | 3,014,573 | 3,228,840 | 3,205,215 | 3,205,753 | 3,087,551 | 2,953,232 | 2,894,784 | 2,858,089 | 2,836,972 | 2,726,502 | 2,697,344 | 2,535,463 | 2,369,802 | 2,271,497 | 2,137,254 | 2,083,320 |
Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,305,781K ÷ $—K
= —
The payables turnover ratio for M/I Homes Inc is not available in the provided dataset spanning from March 31, 2020, to December 31, 2024. Absence of data for payables turnover makes it challenging to evaluate the efficiency with which the company manages its accounts payable. Payables turnover ratio is an important financial metric that indicates how many times a company pays off its accounts payable during a specific period. A higher payables turnover ratio generally suggests that a company is efficiently managing its payables by paying suppliers promptly. Conversely, a lower ratio may indicate a longer payment cycle, potentially signaling liquidity or operational issues. For a thorough financial analysis, it would be necessary to have this key ratio available to assess M/I Homes Inc's working capital management and vendor payment practices accurately.
Peer comparison
Dec 31, 2024