MP Materials Corp (MP)
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 | 194,917 | 115,192 | 153,506 | 128,510 | 106,869 | 136,342 | 121,887 | 114,479 | 110,574 | 103,515 | 107,860 | 104,982 | 114,811 | 126,178 | 122,188 | 116,180 | 92,343 | 74,934 | 70,275 | 64,617 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $194,917K ÷ $—K
= —
The payables turnover ratio for MP Materials Corp is not available for all the reported periods from March 31, 2020, to December 31, 2024. The absence of data suggests that the company is not disclosing or calculating this ratio in its financial statements during those periods. Payables turnover ratio is an important metric that assesses how efficiently a company manages its payments to suppliers in relation to its purchases.
Without the specific values for each period, it is challenging to evaluate the trend or performance of MP Materials Corp in managing its payables turnover over time. However, the absence of this ratio does not provide insights into the company's liquidity management and the relationship between its accounts payable and cost of goods sold.
Investors, analysts, and stakeholders rely on the payables turnover ratio to understand how effectively a company is utilizing its trade credit to fund operations and potentially identify any inefficiencies or potential liquidity issues. The absence of this information limits the ability to make informed assessments of MP Materials Corp in terms of its supplier payment practices and working capital management based on this particular ratio.
Peer comparison
Dec 31, 2024