Marten Transport Ltd (MRTN)

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 862,337 909,371 939,331 944,673 960,639 982,207 1,009,017 1,040,830 1,025,381 976,848 917,054 840,573 790,492 755,318 724,552 703,853 703,609 704,203 707,480 712,363
Payables US$ in thousands — — — — — — — — — — — — — — — — — — — —
Payables turnover — — — — — — — — — — — — — — — — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $862,337K ÷ $—K
= —

The payables turnover ratio of Marten Transport Ltd, as reflected in the provided data, shows a lack of specific values for each reporting period from March 31, 2020, to December 31, 2024. The absence of concrete payables turnover figures indicates insufficient information to calculate and analyze this financial metric over time.

A payables turnover ratio typically measures how efficiently a company settles its accounts payable with suppliers within a given period. However, without the actual figures for payables turnover, it is challenging to assess Marten Transport Ltd's ability to manage its payables effectively, optimize cash flow, and maintain good relationships with its vendors.

To provide a comprehensive analysis and evaluate the company's performance in managing its payables, it would be essential to gather specific data points for each reporting period and calculate the payables turnover ratio. This ratio would enable a more in-depth understanding of Marten Transport Ltd's liquidity management, operational efficiency, and vendor payment practices.