Mueller Industries Inc (MLI)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,724,330 | 2,433,510 | 2,864,860 | 2,938,990 | 1,966,160 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,724,330K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for Mueller Industries Inc is not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024.
The payables turnover ratio is a liquidity ratio that measures the efficiency with which a company manages its accounts payable by comparing its purchases or cost of goods sold to its average accounts payable balance. A higher payables turnover ratio indicates that the company is paying off its suppliers more quickly, which can be a positive sign of good liquidity management.
Without specific values for the payables turnover ratio, it is difficult to assess Mueller Industries Inc's ability to manage its accounts payable effectively over the years in question. It would be beneficial to have this information to gain a more comprehensive understanding of the company's liquidity and working capital management.
Peer comparison
Dec 31, 2024