ACI Worldwide Inc (ACIW)
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 | 1,594,288 | 1,617,813 | 1,529,076 | 1,478,922 | 1,452,579 | 1,427,821 | 1,371,397 | 1,388,497 | 1,421,901 | 1,436,925 | 1,447,248 | 1,408,492 | 1,370,598 | 1,290,813 | 1,289,782 | 1,288,023 | 1,294,322 | 1,307,198 | 1,346,216 | 1,343,924 |
| Total current assets | US$ in thousands | 990,822 | 1,085,600 | 1,381,210 | 1,298,600 | 1,403,340 | 1,226,710 | 1,028,500 | 954,036 | 1,114,800 | 1,210,960 | 1,045,800 | 1,009,730 | 937,434 | 1,011,540 | 985,230 | 956,252 | 1,154,910 | 870,331 | 852,407 | 806,446 |
| Total current liabilities | US$ in thousands | 602,628 | 697,294 | 1,044,120 | 948,820 | 1,037,250 | 945,630 | 781,866 | 700,910 | 858,842 | 997,974 | 845,002 | 813,612 | 754,155 | 803,485 | 766,459 | 716,119 | 905,605 | 590,182 | 580,459 | 556,356 |
| Working capital turnover | 4.11 | 4.17 | 4.54 | 4.23 | 3.97 | 5.08 | 5.56 | 5.49 | 5.56 | 6.75 | 7.21 | 7.18 | 7.48 | 6.20 | 5.90 | 5.36 | 5.19 | 4.67 | 4.95 | 5.37 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $1,594,288K ÷ ($990,822K – $602,628K)
= 4.11
ACI Worldwide Inc's working capital turnover has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The working capital turnover ratio measures how efficiently a company utilizes its working capital to generate sales revenue. The trend shows an initial increase in the ratio from 5.37 on March 31, 2020, to a peak of 7.48 on December 31, 2021, indicating an improvement in the company's ability to efficiently convert its working capital into sales.
However, from March 31, 2022, to December 31, 2024, there has been a general decline in the working capital turnover ratio, with the ratio hovering between 3.97 and 7.21. This downward trend may suggest challenges in managing working capital effectively or changes in the company's operations impacting how efficiently it uses its working capital.
Overall, the working capital turnover ratio for ACI Worldwide Inc shows variability over the years, with some periods of improvement and others of decline. Further analysis is recommended to understand the specific factors driving these fluctuations and to assess the implications for the company's operational and financial performance.
Peer comparison
Dec 31, 2024