Marten Transport Ltd (MRTN)
Number of days of payables
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
Based on the provided data, the number of days of payables for Marten Transport Ltd is not available or not provided for the periods from March 31, 2020, to December 31, 2024. Without this specific financial metric, it is challenging to assess the company's efficiency in managing its accounts payable turnover and the average number of days it takes to pay its suppliers.
Analyzing the number of days of payables can provide insights into the company's liquidity position, working capital management, and vendor relationships. A decreasing number of days of payables may indicate a more aggressive approach to managing cash flows or negotiating more favorable payment terms with suppliers. On the other hand, an increasing trend could signal potential liquidity issues or strained supplier relationships.
In the absence of the actual data for Marten Transport Ltd's number of days of payables, it is recommended to monitor this metric in the future financial reports to better understand the company's payment practices and financial health.
Peer comparison
Dec 31, 2024