Martin Marietta Materials Inc (MLM)
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 | 4,659,000 | 4,640,700 | 4,668,800 | 4,682,200 | 4,754,500 | 4,752,100 | 4,757,900 | 4,714,000 | 4,737,400 | 4,764,800 | 4,556,300 | 4,332,600 | 4,065,600 | 3,770,100 | 3,571,600 | 3,468,900 | 3,477,000 | 3,464,641 | 3,547,342 | 3,579,843 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,659,000K ÷ $—K
= —
The payables turnover ratio for Martin Marietta Materials Inc has been reported as "—" across all the periods provided, from March 31, 2020, to December 31, 2024. The lack of data for this ratio indicates that the company's payables turnover, which measures how efficiently a company is managing its accounts payable, cannot be calculated based on the available information.
A payables turnover ratio is typically calculated by dividing the total purchases by the average accounts payable over a specific period. This ratio helps in assessing how quickly a company is paying off its suppliers and managing its short-term obligations. Without the values for payables turnover, it is challenging to evaluate Martin Marietta Materials Inc's efficiency in managing its payables and its financial health in relation to its suppliers. It is recommended to monitor this ratio when the necessary data becomes available to gain insights into the company's liquidity and working capital management.
Peer comparison
Dec 31, 2024