Minerals Technologies Inc (MTX)
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 | 1,570,800 | 1,584,600 | 1,609,800 | 1,636,000 | 1,662,800 | 1,673,500 | 1,682,400 | 1,688,600 | 1,660,600 | 1,621,600 | 1,557,900 | 1,468,400 | 1,411,800 | 1,361,400 | 1,291,400 | 1,219,500 | 1,189,400 | 1,201,400 | 1,249,600 | 1,333,100 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,570,800K ÷ $—K
= —
The payables turnover ratio for Minerals Technologies Inc is not available for the specified time periods from March 31, 2020, to December 31, 2024. The payables turnover ratio is a liquidity metric that measures how efficiently a company is managing its trade payables by comparing the cost of goods sold to the average accounts payable balance.
Without the payables turnover ratio data, it is challenging to evaluate how effectively the company is managing its accounts payable and how quickly it is paying off its suppliers. Monitoring this ratio over time could provide insights into the company's payment practices and its relationships with suppliers. An improving payables turnover ratio typically indicates that the company is managing its payables more efficiently and may have better cash flow management.
In the absence of the specific ratio values, it is recommended to seek updated financial information or consult the company's financial reports for a more detailed analysis of Minerals Technologies Inc's payables turnover performance.
Peer comparison
Dec 31, 2024