Marten Transport Ltd (MRTN)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 32.31 | 25.82 | 27.49 | 39.23 | 27.38 | |
| Number of days of payables | days | 11.30 | 14.14 | 13.28 | 9.30 | 13.33 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 32.31
= 11.30
Based on the provided data, Marten Transport Ltd's number of days of payables for the years 2020, 2021, 2022, 2023, and 2024 is not available (denoted as "— days" for each year). This lack of specific information regarding the number of days of payables hinders a detailed analysis of the company's payables management efficiency and payment practices over the specified period. Additional data or context would be necessary to evaluate the company's payables turnover and its impact on working capital management.
Peer comparison
Dec 31, 2024
Company name
Symbol
Number of days of payables
Marten Transport Ltd
MRTN
11.30
ArcBest Corp
ARCB
14.39
Knight Transportation Inc
KNX
21.46
Schneider National Inc
SNDR
—