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.