Meritage Corporation (MTH)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,784,030 | 4,610,900 | 4,495,260 | 3,712,000 | 3,530,300 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $4,784,030K ÷ $—K
= —
The payables turnover ratio for Meritage Corporation is not available for the years 2020, 2021, 2022, 2023, and 2024 as indicated by "—". It is essential to have this ratio to assess the company's efficiency in managing its accounts payable and the frequency with which it pays its suppliers. Without this information, it is challenging to evaluate how effectively Meritage is utilizing its payables to fund operations or the company's relationships with its suppliers. Analyzing the payables turnover ratio over time would have provided insights into the company's liquidity management and supplier payment practices.
Peer comparison
Dec 31, 2024