MP Materials Corp (MP)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 270,643 | 148,423 | 110,574 | 100,635 | 102,398 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $270,643K ÷ $—K
= —
Based on the provided data, the payables turnover ratio for MP Materials Corp is not available or provided ("—") for the years 2020, 2021, 2022, 2023, and 2024. The payables turnover ratio is a financial metric used to assess how efficiently a company manages its payments to suppliers in relation to its purchases on credit. Without specific figures for this ratio over the mentioned years, it is challenging to evaluate the company's ability to settle its payables relative to its purchases during those periods. Additional information or data would be necessary to conduct a detailed analysis of MP Materials Corp's payables turnover and its implications for the company's liquidity and working capital management.
Peer comparison
Dec 31, 2024