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.