Texas Pacific Land Trust (TPL)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 134,976 | 90,055 | 83,920 | 76,564 | 68,468 | 87,710 | 83,853 | 76,849 | 72,215 | 66,818 | 61,656 | 64,111 | 65,027 | 58,632 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $134,976K ÷ $—K
= —
The payables turnover ratio for Texas Pacific Land Trust as of the latest available financial data is not provided, as indicated by the absence of values for the payables turnover ratio for each reporting period from September 30, 2021, to December 31, 2024.
Payables turnover ratio is a financial metric that shows how efficiently a company is managing its short-term liabilities by measuring how many times during a period the company pays off its accounts payable. A higher payables turnover ratio generally indicates that the company is able to settle its outstanding payables more quickly.
Without specific data points for the payables turnover ratio, it is challenging to assess how Texas Pacific Land Trust is managing its accounts payable in relation to its industry peers or historical performance. More information or additional data points would be required to conduct a detailed analysis of the payables turnover ratio for the company.