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.
Peer comparison
Mar 31, 2025