Monro Muffler Brake Inc (MNRO)
Payables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | — | 824,686 | 869,207 | 877,492 | 730,526 |
| Payables | US$ in thousands | — | 251,940 | 261,724 | 131,989 | 112,378 |
| Payables turnover | — | 3.27 | 3.32 | 6.65 | 6.50 |
March 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $—K ÷ $—K
= —
The payables turnover ratio for Monro Muffler Brake Inc has shown a declining trend over the past few years, dropping from 6.50 in March 2021 to 3.27 in March 2024. This indicates that the company took longer to pay its suppliers in 2024 compared to 2021. However, it is essential to note that there is no data available for March 2025, which may indicate a lack of visibility into the company's recent performance. The decreasing payables turnover ratio may suggest potential cash flow challenges or issues in managing supplier payments efficiently. Further analysis is required to understand the reasons behind the declining trend and its implications for the company's financial health.
Peer comparison
Mar 31, 2025