PulteGroup Inc (PHM)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 1,479,580 1,479,700 1,585,450 1,303,260 1,138,320
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $1,479,580K ÷ $—K
= —

Based on the provided data, the payables turnover ratio for PulteGroup Inc is not available for the years 2020 to 2024. This could imply that the company does not disclose or calculate this specific ratio in their financial reports during these years.

The payables turnover ratio is a liquidity ratio that measures how efficiently a company manages its accounts payable by comparing the company's purchases to its average accounts payable for a period. Without the specific values for the payables turnover ratio, it is challenging to assess PulteGroup Inc's ability to pay off its short-term obligations or the effectiveness of its payables management strategy.

It is recommended to seek additional financial information or contact the company directly to obtain the payables turnover ratio for a more comprehensive analysis of PulteGroup Inc's financial performance in terms of accounts payable management.