T-Mobile US Inc (TMUS)
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 | 23,439,000 | 23,729,000 | 23,715,000 | 23,748,000 | 24,065,000 | 24,303,000 | 24,665,000 | 26,088,000 | 25,939,000 | 25,171,000 | 24,982,000 | 23,345,000 | 23,044,000 | 16,499,000 | 16,473,000 | 17,896,000 | 16,555,000 | 20,174,000 | 18,278,000 | 15,232,000 |
| Payables | US$ in thousands | 4,242,000 | 3,050,000 | 3,290,000 | 3,345,000 | 5,573,000 | 4,603,000 | 5,465,000 | 6,429,000 | 7,213,000 | 6,822,000 | 6,292,000 | 6,739,000 | 6,499,000 | 4,101,000 | 3,855,000 | 4,559,000 | 5,564,000 | 3,862,000 | 4,960,000 | — |
| Payables turnover | 5.53 | 7.78 | 7.21 | 7.10 | 4.32 | 5.28 | 4.51 | 4.06 | 3.60 | 3.69 | 3.97 | 3.46 | 3.55 | 4.02 | 4.27 | 3.93 | 2.98 | 5.22 | 3.69 | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $23,439,000K ÷ $4,242,000K
= 5.53
The payables turnover ratio for T-Mobile US Inc has shown fluctuations over the past few years, indicating changes in the company's efficiency in managing its accounts payable. The ratio has ranged from a low of 2.98 in December 31, 2020, to a high of 7.78 in September 30, 2024.
A higher payables turnover ratio generally indicates that the company is paying off its suppliers more frequently, which can be a positive sign of efficient working capital management. Conversely, a lower ratio may suggest that the company is taking longer to pay its suppliers, which could potentially strain supplier relationships.
Overall, T-Mobile US Inc's payables turnover ratio has shown some variability but has generally remained within a reasonable range over the analyzed period. It is important for investors and stakeholders to monitor this ratio in conjunction with other financial metrics to gain a comprehensive understanding of the company's financial health and operational efficiency.