Peabody Energy Corp (BTU)
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 | 4,158,500 | 4,270,400 | 4,261,300 | 4,498,200 | 4,946,700 | 5,337,800 | 5,601,400 | 5,654,500 | 4,981,900 | 4,620,400 | 3,956,900 | 3,358,400 | 3,318,300 | 2,790,900 | 2,782,900 | 2,686,200 | 2,881,100 | 3,261,300 | 3,696,700 | 4,219,000 |
| Total current assets | US$ in thousands | 1,780,700 | 1,808,000 | 1,852,200 | 1,901,500 | 2,019,700 | 1,933,000 | 1,963,200 | 1,878,500 | 2,372,500 | 2,364,100 | 2,245,400 | 1,806,300 | 1,801,700 | 1,311,300 | 1,270,500 | 1,272,100 | 1,420,300 | 1,536,400 | 1,582,700 | 1,419,200 |
| Total current liabilities | US$ in thousands | 827,500 | 778,600 | 743,200 | 805,000 | 979,000 | 839,500 | 905,100 | 866,400 | 918,700 | 1,318,100 | 984,300 | 817,300 | 914,500 | 821,200 | 805,000 | 791,000 | 771,200 | 2,374,400 | 799,800 | 806,000 |
| Working capital turnover | 4.36 | 4.15 | 3.84 | 4.10 | 4.75 | 4.88 | 5.29 | 5.59 | 3.43 | 4.42 | 3.14 | 3.40 | 3.74 | 5.69 | 5.98 | 5.58 | 4.44 | — | 4.72 | 6.88 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $4,158,500K ÷ ($1,780,700K – $827,500K)
= 4.36
The working capital turnover ratio measures how efficiently Peabody Energy Corp is utilizing its working capital to generate sales. A higher working capital turnover ratio indicates that the company is effectively managing its working capital to support its operational activities.
Based on the provided data:
- The working capital turnover for Peabody Energy Corp has shown fluctuations over the past few years ranging from as high as 6.88 to as low as 3.14.
- The ratio peaked at 6.88 on March 31, 2020, indicating that for that period, the company generated $6.88 in revenue for every dollar of working capital invested.
- The ratio then experienced some decline, hitting a low of 3.14 on June 30, 2022, before slightly recovering to 4.36 on December 31, 2024.
- Overall, Peabody Energy Corp's working capital turnover has exhibited variability, demonstrating the need for the company to closely monitor and manage its working capital efficiency in order to support its revenue generation.
Peer comparison
Dec 31, 2024