Meritage Corporation (MTH)

Payables turnover

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Cost of revenue (ttm) US$ in thousands 4,698,360 4,739,280 4,791,000 4,761,520 4,796,770 4,793,690 4,777,210 4,718,510 4,619,245 4,873,905 4,818,655 4,587,697 4,489,312 4,060,512 3,820,521 3,786,149 3,703,889 3,707,559 3,713,748 3,594,588
Payables US$ in thousands 200,679 217,875 242,081 229,845 212,477 287,403 299,780 306,150 271,650 294,183 276,123 263,655 273,267 322,227 341,717 280,114 216,009 214,575 215,221 199,667
Payables turnover 23.41 21.75 19.79 20.72 22.58 16.68 15.94 15.41 17.00 16.57 17.45 17.40 16.43 12.60 11.18 13.52 17.15 17.28 17.26 18.00

December 31, 2025 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $4,698,360K ÷ $200,679K
= 23.41