ProPetro Holding Corp (PUMP)

Payables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 800,202 1,312,690 1,010,930 795,643 737,569
Payables US$ in thousands
Payables turnover

December 31, 2024 calculation

Payables turnover = Cost of revenue ÷ Payables
= $800,202K ÷ $—K
= —

Based on the provided data, it appears that the payables turnover ratio for ProPetro Holding Corp is not available for the years ranging from December 31, 2020, to December 31, 2024. This could indicate that specific financial information necessary to calculate this ratio is not disclosed in the financial statements or there may have been negligible or zero payables turnover during this period. Without the actual figures for payables turnover, it is challenging to assess the company's efficiency in managing its accounts payable. Additional information or data points would be needed to perform a thorough analysis and draw meaningful conclusions regarding ProPetro Holding Corp's payables turnover ratio.