MasTec Inc (MTZ)
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 | 10,952,860 | 11,050,030 | 11,117,880 | 10,926,460 | 10,765,150 | 10,338,460 | 9,669,180 | 9,212,510 | 8,586,340 | 7,508,580 | 7,378,080 | 7,025,200 | 6,805,740 | 6,568,660 | 5,891,840 | 5,558,430 | 5,270,870 | 5,382,880 | 5,692,920 | 5,984,500 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $10,952,860K ÷ $—K
= —
The payables turnover ratio for MasTec Inc is not available for the period from March 31, 2020, to December 31, 2024, as indicated by the data provided. This means that we do not have specific information on how many times MasTec Inc paid off its accounts payable during these periods.
The payables turnover ratio is a financial metric that is used to assess how efficiently a company is managing its accounts payable by comparing the cost of goods sold to the average accounts payable balance. A higher payables turnover ratio typically indicates that the company is paying off its suppliers more quickly, which could be seen as a positive sign.
However, without the specific values for the payables turnover ratio for MasTec Inc, it is difficult to provide a detailed analysis of their payables turnover efficiency during the stated periods. It would be beneficial to obtain this data in order to evaluate MasTec Inc's accounts payable management and its impact on the company's overall financial performance.
Peer comparison
Dec 31, 2024