Autoliv Inc (ALV)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,390,000 | 10,475,000 | 8,842,000 | 8,230,000 | 7,447,400 |
| Total current assets | US$ in thousands | 3,483,000 | 3,974,000 | 3,714,000 | 3,675,000 | 4,269,000 |
| Total current liabilities | US$ in thousands | 3,633,000 | 4,035,000 | 3,642,000 | 2,821,000 | 3,146,900 |
| Working capital turnover | — | — | 122.81 | 9.64 | 6.64 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $10,390,000K ÷ ($3,483,000K – $3,633,000K)
= —
The working capital turnover ratio for Autoliv Inc has shown a significant increase over the past few years, from 6.64 in December 31, 2020 to 9.64 in December 31, 2021 and a notable jump to 122.81 in December 31, 2022. This indicates that the company is using its working capital more efficiently to generate revenue. However, the absence of data for December 31, 2023 and December 31, 2024 prevents a complete trend analysis. The sharp increase in the working capital turnover ratio suggests that Autoliv Inc has been able to effectively manage its working capital to support its operational activities and drive profitability.
Peer comparison
Dec 31, 2024