MYR Group Inc (MYRG)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 3,071,970 3,279,510 2,664,580 2,173,310 1,971,540
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $3,071,970K ÷ $—K
= —

Based on the provided data, MYR Group Inc's payables turnover ratio is not available for the years 2020 to 2024. This may indicate that the company's financial statements do not provide the necessary information to calculate the payables turnover ratio for these periods. It is essential for investors and analysts to have access to this ratio as it helps in assessing how efficiently the company is managing its accounts payable and paying off its suppliers. Without this information, it is challenging to evaluate MYR Group Inc's liquidity and operational efficiency related to its payables.


Peer comparison

Dec 31, 2024

Company name
Symbol
Payables turnover
MYR Group Inc
MYRG
Dycom Industries Inc
DY
MasTec Inc
MTZ