ProPetro Holding Corp (PUMP)

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 1,277,247 1,309,254 1,333,659 1,360,972 1,338,882 1,292,688 1,200,964 1,100,559 1,010,927 954,420 922,106 867,911 795,642 726,249 641,087 553,373 741,262 934,915 1,232,431 1,545,765
Payables US$ in thousands — — — — — — — — — — — — — — — — — — — —
Payables turnover — — — — — — — — — — — — — — — — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,277,247K ÷ $—K
= —

Based on the provided data, the payables turnover ratio for ProPetro Holding Corp is unavailable for analysis for the period from March 31, 2020, to December 31, 2024. The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its trade credit obligations by measuring how many times a company pays off its accounts payable during a specific period.

Without specific values for the payables turnover ratio, it is difficult to assess ProPetro Holding Corp's ability to effectively manage its payables and its liquidity position. Additionally, the absence of data for this key ratio limits the ability to understand the company's payment practices and relationships with its suppliers over the given period.

It is important to note that a higher payables turnover ratio generally suggests that a company is paying its suppliers more quickly, while a lower ratio may indicate extended payment periods. Further insights into the company's financial performance and vendor management practices would require the disclosure of actual payables turnover figures for a comprehensive analysis.