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
Peer comparison
Dec 31, 2025
Company name
Symbol
Payables turnover
Meritage Corporation
MTH
23.41
DR Horton Inc
DHI
21.39
KB Home
KBH
14.27
Lennar Corporation
LEN
15.52
M/I Homes Inc
MHO
18.75
NVR Inc
NVR
18.92
PulteGroup Inc
PHM
17.49
Toll Brothers Inc
TOL
13.23