Texas Pacific Land Trust (TPL)
Payables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 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 | — | — | — | — | — | — | — | — | — | — | — |
March 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $76,564K ÷ $—K
= —
The payables turnover ratio for Texas Pacific Land Trust cannot be calculated based on the provided data. The ratio is typically computed by dividing the total purchases made on credit by the average accounts payable for a specific period. Since the necessary information on total purchases or accounts payable is not available for any of the mentioned periods, the payables turnover ratio remains indeterminable.