Ball Corporation (BALL)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,795,000 | 14,029,000 | 15,349,000 | 13,811,000 | 11,781,000 |
| Total current assets | US$ in thousands | 4,841,000 | 4,883,000 | 5,489,000 | 5,223,000 | 4,675,000 |
| Total current liabilities | US$ in thousands | 4,847,000 | 6,185,000 | 7,008,000 | 5,953,000 | 4,444,000 |
| Working capital turnover | — | — | — | — | 51.00 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $11,795,000K ÷ ($4,841,000K – $4,847,000K)
= —
The working capital turnover ratio for Ball Corporation as of December 31, 2020, stands at 51.00. However, data for the subsequent years, including December 31, 2021, December 31, 2022, December 31, 2023, and December 31, 2024, is not available for analysis.
A working capital turnover ratio of 51.00 indicates that Ball Corporation generated $51 in revenue for every dollar of working capital invested in the business during the year ending December 31, 2020. This high ratio suggests that the company efficiently utilizes its working capital to generate sales.
It is essential for Ball Corporation to continuously monitor and assess its working capital turnover ratio in the upcoming years to ensure optimal management of working capital and sustainable operational efficiency.
Peer comparison
Dec 31, 2024