Boyd Gaming Corporation (BYD)

Working capital turnover

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Revenue (ttm) US$ in thousands 3,601,616 3,606,409 3,586,859 3,554,099 3,419,413 3,311,475 3,268,060 3,199,581 3,075,213 2,902,128 2,693,719 2,070,962 2,004,050 2,201,313 2,371,540 3,066,925 3,265,708 3,224,200 3,076,731 2,847,900
Total current assets US$ in thousands 529,315 469,248 459,046 457,355 478,228 439,332 417,812 576,568 507,803 717,272 472,824 867,298 650,277 640,622 1,455,870 963,763 399,494 393,668 396,793 402,660
Total current liabilities US$ in thousands 596,322 583,419 546,566 592,172 586,134 575,813 534,600 582,136 557,042 568,193 528,908 546,136 524,022 521,174 509,892 501,158 556,893 554,300 530,843 560,816
Working capital turnover — — — — — — — — — 19.47 — 6.45 15.87 18.43 2.51 6.63 — — — —

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,601,616K ÷ ($529,315K – $596,322K)
= —

As the data provided does not include specific figures for working capital turnover for Boyd Gaming Corp., it is not possible to conduct a detailed analysis of the trend over the stated quarters. Working capital turnover is a financial ratio that measures the efficiency of a company in utilizing its working capital to generate sales revenue. A higher working capital turnover ratio indicates that the company is efficiently managing its working capital to support its sales activities.

To analyze Boyd Gaming Corp.'s working capital turnover effectively, it would be necessary to have the actual figures for working capital and sales from the respective quarters. By calculating the ratio for each period and comparing the results, a more accurate assessment of the company's efficiency in utilizing its working capital could be made. In the absence of this data, a comprehensive evaluation of Boyd Gaming Corp.'s working capital turnover trend is not possible.