Monster Beverage Corp (MNST)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 3,443,830 | 3,345,820 | 3,136,480 | 2,432,840 | 1,874,760 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $3,443,830K ÷ $—K
= —
The payables turnover ratio for Monster Beverage Corp has been noted as "—," indicating that specific data for this ratio is not available for the years presented (December 31, 2020 to December 31, 2024). The payables turnover ratio is a vital metric that measures a company's efficiency in managing its trade payables. Without the actual values for this ratio, it is challenging to assess Monster Beverage Corp's ability to effectively turnover its payables within a given period. It is important for the company to disclose this information in the future to provide stakeholders with a clearer picture of its operational efficiency and liquidity management.
Peer comparison
Dec 31, 2024