Applovin Corp (APP)
Working capital turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,313,790 | 5,135,160 | 4,709,260 | 4,289,741 | 3,955,757 | 3,625,802 | 3,283,087 | 3,032,133 | 2,880,976 | 2,907,042 | 2,817,058 | 2,908,221 | 2,922,073 | 2,814,648 | 2,793,104 | 2,509,471 | 2,164,260 | 1,794,785 | 1,451,086 | 1,220,063 |
| Total current assets | US$ in thousands | 2,992,690 | 2,367,330 | 2,312,190 | 1,875,420 | 1,660,270 | 1,607,890 | 1,616,160 | 1,300,790 | 1,696,270 | 2,048,360 | 1,939,080 | 1,824,250 | 1,817,300 | 2,298,100 | 3,235,060 | 1,626,360 | 1,716,840 | 1,184,820 | 662,994 | 165,749 |
| Total current liabilities | US$ in thousands | 1,093,880 | 1,409,220 | 1,057,470 | 779,536 | 729,591 | 762,524 | 944,122 | 805,474 | 591,940 | 619,570 | 578,958 | 543,633 | 644,589 | 785,117 | 640,097 | 569,768 | 603,179 | 486,596 | 598,052 | 149,513 |
| Working capital turnover | 2.80 | 5.36 | 3.75 | 3.91 | 4.25 | 4.29 | 4.89 | 6.12 | 2.61 | 2.03 | 2.07 | 2.27 | 2.49 | 1.86 | 1.08 | 2.38 | 1.94 | 2.57 | 22.34 | 75.15 |
June 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $5,313,790K ÷ ($2,992,690K – $1,093,880K)
= 2.80