Acadia Healthcare Company Inc (ACHC)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,153,960 | 2,928,740 | 2,610,400 | 2,314,390 | 2,089,930 |
| Total current assets | US$ in thousands | 577,492 | 596,000 | 506,125 | 495,031 | 2,523,400 |
| Total current liabilities | US$ in thousands | 577,919 | 885,781 | 388,326 | 404,861 | 1,308,180 |
| Working capital turnover | — | — | 22.16 | 25.67 | 1.72 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $3,153,960K ÷ ($577,492K – $577,919K)
= —
The working capital turnover ratio measures how efficiently a company is utilizing its working capital to generate sales revenue. In the case of Acadia Healthcare Company Inc, the working capital turnover has shown significant fluctuations over the years.
In December 2020, the working capital turnover was 1.72, indicating that the company generated $1.72 in revenue for every dollar of working capital invested. This ratio increased substantially to 25.67 by December 2021, suggesting a dramatic improvement in the company's working capital management and efficiency in generating sales.
By December 2022, the working capital turnover ratio decreased to 22.16, still remaining at a relatively high level compared to the baseline in 2020. However, the data for December 2023 and December 2024 is not available (represented as "—"), making it difficult to assess the company's performance in these years.
Overall, the trend in working capital turnover for Acadia Healthcare Company Inc indicates varying levels of efficiency in utilizing working capital to generate sales revenue, with a notable surge in performance in 2021 followed by some fluctuations in subsequent years. Monitoring this ratio going forward will be crucial in evaluating the company's operational and financial management effectiveness.
Peer comparison
Dec 31, 2024