Mesa Laboratories Inc (MLAB)

Payables turnover

Mar 31, 2025 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
Cost of revenue (ttm) US$ in thousands 93,522 97,625 94,610 93,288 88,415 82,979 84,430 85,737 85,387 86,764 91,311 81,648 75,245 64,706 52,156 50,031 47,295 49,634 53,093 52,578
Payables US$ in thousands 4,087 5,988 5,659 6,041 4,554 4,810 5,588 6,134 6,288 7,738 7,557 7,897 7,827 4,463 4,045 4,473 3,751 1,852 2,812
Payables turnover 23.89 15.80 16.48 14.64 18.22 17.55 15.34 13.92 13.80 11.80 10.80 9.53 8.27 11.69 12.37 10.57 13.23 28.67 18.70

March 31, 2025 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $93,522K ÷ $—K
= —

The payables turnover ratio measures how efficiently a company is managing its accounts payable by evaluating how many times a company pays off its suppliers during a specific period.

Analyzing Mesa Laboratories Inc's payables turnover data provided, we observe fluctuations in the ratio over the quarters studied. The payables turnover ratio ranged from a low of 8.27 on December 31, 2021, to a high of 28.67 on September 30, 2020.

A higher payables turnover ratio generally indicates that the company is efficiently managing its payable obligations by paying off its suppliers more frequently. Conversely, a lower ratio suggests that the company is taking longer to pay its suppliers.

On March 31, 2025, the payables turnover ratio is not available. It is important to note that a missing data point may be due to various reasons, such as incomplete financial reporting or industry-specific practices.

Overall, analyzing the trend of Mesa Laboratories Inc's payables turnover ratio can provide insights into the company's liquidity, working capital management, and creditor relationships.