Appfolio Inc (APPF)

Working capital turnover

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue US$ in thousands — 794,202 620,445 471,883 359,370
Total current assets US$ in thousands — 335,402 272,357 201,468 158,595
Total current liabilities US$ in thousands — 63,280 69,766 61,343 52,642
Working capital turnover — 2.92 3.06 3.37 3.39

December 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $—K ÷ ($—K – $—K)
= —