Amentum Holdings Inc. (AMTM)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,388,000 | 8,343,000 | 7,865,000 | 7,676,000 | 5,092,000 |
| Total current assets | US$ in thousands | 3,084,000 | 3,084,000 | 1,931,120 | 1,359,000 | — |
| Total current liabilities | US$ in thousands | 1,965,000 | 1,965,000 | 1,376,000 | 713,000 | — |
| Working capital turnover | 7.50 | 7.46 | 14.17 | 11.88 | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $8,388,000K ÷ ($3,084,000K – $1,965,000K)
= 7.50
Amentum Holdings Inc.'s working capital turnover has shown variability over the years.
In December 2022, the company's working capital turnover was 11.88, indicating that it generated $11.88 in net sales for every dollar of working capital invested. This suggests efficient utilization of working capital to generate revenue.
By December 2023, the working capital turnover improved to 14.17, reflecting a further increase in efficiency in utilizing working capital.
However, there was a decline noted in September 2024, with the working capital turnover falling to 7.46. This suggests a potential inefficiency in managing working capital during this period.
As of December 2024, the working capital turnover remained relatively stable at 7.50. Overall, the trend indicates that the company has generally been able to generate a reasonable amount of sales relative to its investment in working capital, although there was a slight dip in efficiency during the period ending September 2024.
Peer comparison
Dec 31, 2024