Arcadium Lithium plc (ALTM)
Working capital turnover
| Dec 31, 2023 | ||
|---|---|---|
| Revenue | US$ in thousands | 796,800 |
| Total current assets | US$ in thousands | 648,200 |
| Total current liabilities | US$ in thousands | 268,600 |
| Working capital turnover | 2.10 |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $796,800K ÷ ($648,200K – $268,600K)
= 2.10
Peer comparison
Dec 31, 2023
Company name
Symbol
Working capital turnover
Arcadium Lithium plc
ALTM
2.10
Air Products and Chemicals Inc
APD
9.66
Linde plc Ordinary Shares
LIN
—
Minerals Technologies Inc
MTX
3.29