Amentum Holdings Inc. (AMTM)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 10,441,000 | 8,388,000 | 5,616,000 | 5,659,000 | 5,625,000 | 5,536,000 |
| Total current assets | US$ in thousands | 3,140,000 | 3,084,000 | 1,312,000 | 1,331,000 | 1,330,000 | 1,931,000 |
| Total current liabilities | US$ in thousands | 1,971,000 | 1,965,000 | 629,000 | 640,000 | 643,000 | 1,376,000 |
| Working capital turnover | 8.93 | 7.50 | 8.22 | 8.19 | 8.19 | 9.97 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $10,441,000K ÷ ($3,140,000K – $1,971,000K)
= 8.93
Amentum Holdings Inc.'s working capital turnover ratio has shown some fluctuations over the period under consideration. The working capital turnover ratio indicates how efficiently the company utilizes its working capital to generate sales revenue. A higher ratio typically suggests better efficiency in utilizing working capital.
Based on the data provided, the working capital turnover ratio for Amentum Holdings Inc. was 9.97 as of September 30, 2023, indicating that the company generated approximately $9.97 in revenue for every dollar of working capital invested during that quarter. The ratio decreased to 8.19 by the end of December 31, 2023, and remained stable at the same level for the next quarter ending March 31, 2024.
By June 30, 2024, the ratio increased slightly to 8.22 before declining to 7.50 as of September 30, 2024. However, there was a notable improvement in the working capital turnover ratio by the end of December 31, 2024, as it rose to 8.93.
Overall, while there were fluctuations in the working capital turnover ratio during the period, the company demonstrated relatively efficient use of working capital to generate sales revenue, with the ratio hovering mostly above 8. This indicates that Amentum Holdings Inc. effectively managed its working capital to support operational activities and revenue generation.
Peer comparison
Dec 31, 2024