Alaska Air Group Inc (ALK)
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 | 11,735,000 | 10,754,000 | 10,521,000 | 10,462,000 | 10,426,000 | 10,352,000 | 10,341,000 | 10,161,000 | 9,646,000 | 9,066,000 | 8,191,000 | 7,060,000 | 6,176,000 | 5,085,000 | 3,833,000 | 2,727,000 | 3,566,000 | 4,986,000 | 6,674,000 | 8,541,000 |
| Total current assets | US$ in thousands | 3,760,000 | 3,737,000 | 3,376,000 | 3,129,000 | 2,705,000 | 3,644,000 | 3,244,000 | 3,099,000 | 3,040,000 | 3,810,000 | 4,232,000 | 3,974,000 | 3,920,000 | 4,001,000 | 4,771,000 | 4,284,000 | 4,006,000 | 4,465,000 | 3,244,000 | 2,572,000 |
| Total current liabilities | US$ in thousands | 6,145,000 | 6,248,000 | 4,968,000 | 4,829,000 | 4,459,000 | 5,074,000 | 5,176,000 | 4,857,000 | 4,512,000 | 4,709,000 | 4,902,000 | 4,570,000 | 3,991,000 | 4,038,000 | 4,846,000 | 4,762,000 | 4,271,000 | 4,207,000 | 4,120,000 | 3,730,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 19.33 | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $11,735,000K ÷ ($3,760,000K – $6,145,000K)
= —
The working capital turnover ratio for Alaska Air Group Inc for the financial periods available shows a value of 19.33 as of September 30, 2020. This ratio indicates that the company generated $19.33 in net revenue for every dollar of working capital invested during that period. Unfortunately, data is unavailable for the subsequent periods, making it challenging to assess the trend or provide a more comprehensive analysis of the company’s efficiency in utilizing its working capital. It is essential to monitor this ratio over time to understand changes in the company's operational efficiency and effectiveness in managing its working capital.
Peer comparison
Dec 31, 2024