Middleby Corp (MIDD)
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 | 2,438,393 | 2,453,686 | 2,471,640 | 2,490,282 | 2,520,975 | 2,522,371 | 2,544,681 | 2,550,794 | 2,586,299 | 2,495,447 | 2,385,726 | 2,237,914 | 2,055,932 | 1,978,462 | 1,872,320 | 1,686,124 | 1,631,209 | 1,655,844 | 1,698,054 | 1,853,728 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,438,393K ÷ $—K
= —
The data provided for Middleby Corp's payables turnover indicates that the payables turnover ratio is not available for the periods from March 31, 2020, to December 31, 2024.
The payables turnover ratio is a financial metric that measures how efficiently a company is managing its trade credit payables by calculating the number of times a company pays off its accounts payable during a specific period. A higher payables turnover ratio generally indicates that a company is managing its payable obligations effectively and efficiently.
In the absence of specific values for the payables turnover ratio, it is not possible to assess the company's efficiency in managing its payables or to compare its performance over time or against industry benchmarks. Additional financial information and data would be required to provide a more in-depth analysis of Middleby Corp's payables turnover and its implications for the company's financial health and operations.
Peer comparison
Dec 31, 2024