Calix Inc (CALX)

Working capital turnover

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 Dec 31, 2020
Revenue (ttm) US$ in thousands 933,685 869,193 825,450 831,518 890,128 953,018 1,015,895 1,039,593 1,019,362 991,861 932,887 867,827 799,743 735,640 702,268 679,394 673,001 651,278 601,631 541,239
Total current assets US$ in thousands 615,517 562,314 562,000 584,735 585,018 570,158 578,785 597,956 587,625 599,284 576,074 547,370 535,176 460,842 440,222 409,245 374,759 350,598 309,769 266,890
Total current liabilities US$ in thousands 122,641 123,642 122,824 131,143 129,906 133,140 146,079 187,642 139,156 162,447 160,711 165,422 180,506 131,244 141,578 128,136 117,001 117,549 109,382 101,040
Working capital turnover 1.89 1.98 1.88 1.83 1.96 2.18 2.35 2.53 2.27 2.27 2.25 2.27 2.25 2.23 2.35 2.42 2.61 2.79 3.00 3.26

September 30, 2025 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $933,685K ÷ ($615,517K – $122,641K)
= 1.89