Murphy USA Inc (MUSA)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 17,937,500 | 1,014,800 | 21,046,200 | 15,511,600 | 9,821,400 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $17,937,500K ÷ $—K
= —
Based on the provided data, it appears that the payables turnover ratio for Murphy USA Inc is not available (denoted by "—") for the years spanning from December 31, 2020, to December 31, 2024. The absence of this ratio may indicate a lack of specific information or it could suggest that the company's financial statements do not provide details necessary to calculate this ratio accurately. The payables turnover ratio typically evaluates how efficiently a company manages its accounts payables by comparing the amount of payables to the cost of goods sold. Without this ratio, it is challenging to assess the company's liquidity and its ability to efficiently manage its trade credit with suppliers during the stated period. It is essential for the company to disclose this ratio in future financial reports to provide stakeholders with a more comprehensive view of its financial performance and management of accounts payables.
Peer comparison
Dec 31, 2024