Murphy USA Inc (MUSA)

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 18,579,100 14,721,900 10,370,700 10,208,800 10,091,700 14,644,700 19,899,900 21,033,400 21,046,200 20,516,000 19,114,800 16,923,200 15,511,600 13,778,800 12,160,100 10,142,500 9,821,400 10,448,600 11,267,200 12,857,700
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $18,579,100K ÷ $—K
= —

The payables turnover ratio for Murphy USA Inc, as indicated by the provided data, remains unavailable or has not been disclosed for the periods specified. The payables turnover ratio is a financial metric that reflects how efficiently a company manages its payments to suppliers and vendors. It is calculated by dividing the total purchases made on credit by the average accounts payable for a specific period.

As the payables turnover ratio is not provided in the data, it is challenging to assess the company's ability to pay off its obligations to suppliers in a timely manner. A higher payables turnover ratio generally indicates that a company is efficiently managing its payables by paying off its debts promptly, which can be advantageous in maintaining good relationships with suppliers and potentially negotiating better terms.

It is recommended for stakeholders and investors to seek further information or clarification on the payables turnover ratio for a more comprehensive analysis of Murphy USA Inc's liquidity management and supplier payment practices.