MasTec Inc (MTZ)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 10,676,000 | 11,209,100 | 8,586,330 | 6,805,740 | 5,270,880 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $10,676,000K ÷ $—K
= —
The payables turnover ratio for MasTec Inc is not available for the years 2020, 2021, 2022, 2023, and 2024. The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its trade payables. It is calculated by dividing the total purchases by the average accounts payable balance for a specific period. A higher payables turnover ratio signifies that the company is paying its suppliers quickly, while a lower ratio may indicate that the company is taking more time to settle its payables. Without specific data on MasTec Inc's payables turnover ratio, it is challenging to assess the company's payment practices and liquidity management in relation to its suppliers.
Peer comparison
Dec 31, 2024