Marten Transport Ltd (MRTN)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 833,007 | 942,722 | 1,025,380 | 790,492 | 703,609 |
| Payables | US$ in thousands | 25,781 | 36,516 | 37,299 | 20,150 | 25,702 |
| Payables turnover | 32.31 | 25.82 | 27.49 | 39.23 | 27.38 |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $833,007K ÷ $25,781K
= 32.31
Based on the provided data, it appears that payables turnover information is not available for Marten Transport Ltd for the years ending December 31, 2020 through December 31, 2024. The lack of specific data on payables turnover hinders the ability to assess the company's efficiency in managing its accounts payable during these periods. Payables turnover is a crucial financial metric that indicates how quickly a company is paying off its suppliers. When this information is not disclosed, it limits the depth of analysis regarding the company's liquidity and operational efficiency. It is recommended to obtain this data to better understand Marten Transport Ltd's financial performance and management of its payables.
Peer comparison
Dec 31, 2024