Acadia Healthcare Company Inc (ACHC)
Working capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,153,963 | 3,122,525 | 3,057,225 | 2,992,522 | 2,928,738 | 2,861,233 | 2,777,631 | 2,698,013 | 2,610,399 | 2,528,584 | 2,449,411 | 2,379,848 | 2,314,394 | 2,262,190 | 2,507,935 | 2,676,090 | 2,907,701 | 3,146,657 | 3,090,604 | 3,129,655 |
| Total current assets | US$ in thousands | 577,492 | 652,062 | 645,214 | 610,806 | 596,000 | 703,475 | 578,757 | 537,790 | 506,125 | 521,656 | 518,032 | 530,099 | 495,031 | 567,159 | 575,626 | 528,225 | 2,523,400 | 756,410 | 610,941 | 502,952 |
| Total current liabilities | US$ in thousands | 577,919 | 609,500 | 546,522 | 482,313 | 885,781 | 864,890 | 432,482 | 378,129 | 388,326 | 401,013 | 441,653 | 410,751 | 404,861 | 403,292 | 425,215 | 410,979 | 1,308,180 | 601,339 | 527,364 | 579,584 |
| Working capital turnover | — | 73.36 | 30.98 | 23.29 | — | — | 18.99 | 16.90 | 22.16 | 20.96 | 32.07 | 19.94 | 25.67 | 13.81 | 16.67 | 22.82 | 2.39 | 20.29 | 36.98 | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,153,963K ÷ ($577,492K – $577,919K)
= —
The working capital turnover ratio for Acadia Healthcare Company Inc has shown varying trends over the reported periods. In June 2020, the ratio was 36.98, indicating that the company effectively utilized its working capital during that period. This high turnover was followed by a decrease to 2.39 in December 2020, suggesting a significant decline in efficiency in working capital management.
Subsequently, there were fluctuations in the ratio, with values ranging from 13.81 to 32.07 between September 2021 and June 2022. These fluctuations indicate potential challenges or improvements in managing the working capital efficiently.
The ratio dropped to 16.90 in March 2023 before slightly increasing to 30.98 in June 2024. The significant spike to 73.36 in September 2024 could indicate a short-term exceptional efficiency in working capital management.
The absence of data for some periods indicates limitations in the analysis. Overall, the working capital turnover ratio for Acadia Healthcare Company Inc has shown some volatility, suggesting possible areas for improvement in working capital management to ensure consistent and efficient utilization of resources.
Peer comparison
Dec 31, 2024