Amphenol Corporation (APH)
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 | 15,222,600 | 14,232,300 | 13,392,700 | 12,836,900 | 12,554,600 | 12,466,300 | 12,562,300 | 12,645,200 | 12,623,100 | 12,410,700 | 11,934,000 | 11,451,100 | 10,876,300 | 10,275,500 | 9,780,400 | 9,114,000 | 8,598,900 | 8,323,900 | 8,101,100 | 8,128,900 |
| Total current assets | US$ in thousands | 9,686,000 | 7,772,800 | 6,971,800 | 7,041,700 | 6,835,300 | 6,773,300 | 6,321,300 | 6,394,000 | 6,479,100 | 6,326,900 | 6,311,000 | 6,108,700 | 5,958,200 | 6,919,800 | 6,491,200 | 6,186,700 | 5,490,800 | 5,037,000 | 4,618,000 | 5,517,500 |
| Total current liabilities | US$ in thousands | 4,083,800 | 3,901,700 | 3,455,800 | 3,423,100 | 3,152,700 | 2,908,800 | 2,709,700 | 2,426,200 | 2,676,100 | 2,654,900 | 2,580,700 | 2,397,200 | 2,447,100 | 2,885,000 | 2,996,500 | 2,547,900 | 2,304,300 | 2,215,000 | 1,785,200 | 2,170,200 |
| Working capital turnover | 2.72 | 3.68 | 3.81 | 3.55 | 3.41 | 3.23 | 3.48 | 3.19 | 3.32 | 3.38 | 3.20 | 3.09 | 3.10 | 2.55 | 2.80 | 2.50 | 2.70 | 2.95 | 2.86 | 2.43 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $15,222,600K ÷ ($9,686,000K – $4,083,800K)
= 2.72
The working capital turnover of Amphenol Corporation has shown a fluctuating trend over the reported periods. Starting at 2.43 on March 31, 2020, the ratio increased to a peak of 3.81 on June 30, 2024. This indicates that the company is efficiently utilizing its working capital to generate revenue. However, a slight dip was observed on December 31, 2024, with a ratio of 2.72.
Overall, a higher working capital turnover ratio implies that the company is effectively managing its working capital to generate sales. It is important to note that variations in the ratio may be influenced by seasonal factors, operational changes, or business strategies. Monitoring this ratio can provide insights into the company's operational efficiency and working capital management.
See also:
Amphenol Corporation Working Capital Turnover (Quarterly Data)