Appfolio Inc (APPF)

Working capital turnover

Dec 31, 2025 Sep 30, 2025 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
Revenue (ttm) US$ in thousands 702,630 906,294 862,674 824,474 794,202 762,368 722,075 671,775 620,445 572,673 532,312 502,687 471,883 443,425 414,155 385,745 359,370 336,202 324,479 316,482
Total current assets US$ in thousands 353,314 302,764 197,135 272,014 335,402 395,143 348,797 306,666 272,357 239,877 209,482 211,878 201,468 176,794 156,383 169,574 158,595 197,376 189,867 181,452
Total current liabilities US$ in thousands 106,847 100,432 67,589 58,606 63,280 63,697 63,349 56,057 69,766 74,147 74,711 79,827 61,343 57,765 54,719 54,020 52,642 49,202 48,785 43,037
Working capital turnover 2.85 4.48 6.66 3.86 2.92 2.30 2.53 2.68 3.06 3.46 3.95 3.81 3.37 3.73 4.07 3.34 3.39 2.27 2.30 2.29

December 31, 2025 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $702,630K ÷ ($353,314K – $106,847K)
= 2.85