Texas Pacific Land Trust (TPL)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 134,976 | 92,278 | 72,215 | 65,027 | 56,157 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $134,976K ÷ $—K
= —
Based on the provided data, it appears that Texas Pacific Land Trust does not have available information on the payables turnover ratio for the years ending December 31 in the years 2020, 2021, 2022, 2023, and 2024. The lack of specific values for these periods indicates a potential lack of disclosure or data availability regarding this particular financial ratio.
Payables turnover is a ratio that measures how efficiently a company pays its suppliers. Without the specific figures for this ratio over the mentioned years, it is difficult to evaluate the trust's ability to manage its accounts payable effectively and to assess its liquidity and cash flow management in relation to its credit purchases.
It would have been useful to have the payables turnover figures to gain insights into the trust's payment practices and supplier relationships. Without this information, it is challenging to provide a detailed analysis of the trust's payables turnover performance during the specified periods.