Monster Beverage Corp (MNST)
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 | 3,443,830 | 3,425,969 | 3,417,060 | 3,416,708 | 3,345,820 | 3,282,701 | 3,200,997 | 3,195,657 | 3,136,483 | 3,065,331 | 2,896,169 | 2,645,866 | 2,432,840 | 2,280,974 | 2,169,406 | 1,978,737 | 1,874,757 | 1,775,597 | 1,726,341 | 1,734,676 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,443,830K ÷ $—K
= —
The data provided for Monster Beverage Corp's payables turnover ratio from March 31, 2020, to December 31, 2024, shows that the payables turnover ratio is not available ("—") for all the periods mentioned. The payables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its payables in relation to its purchases.
Without the specific values for each period, it is not possible to calculate or analyze the payables turnover ratio for Monster Beverage Corp accurately. The payables turnover ratio is typically calculated by dividing the total purchases by the average accounts payable over a given period.
In the absence of numerical data, it is challenging to provide a detailed analysis of Monster Beverage Corp's payables turnover ratio. However, a consistently low payables turnover ratio may indicate that the company is taking longer to pay its suppliers, which could have implications for its liquidity and relationship with vendors. Conversely, a high payables turnover ratio could signal that the company is effectively managing its payables and optimizing its working capital.
Due to the unavailability of data for Monster Beverage Corp's payables turnover ratio, a more in-depth analysis or trend interpretation cannot be provided at this time.
Peer comparison
Dec 31, 2024