Century Communities Inc (CCS)

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 4,398,293 4,330,443 4,082,996 3,887,737 3,692,184 3,665,734 3,920,601 4,242,550 4,505,910 4,533,580 4,347,322 4,224,092 4,216,312 3,997,290 3,833,619 3,567,153 3,161,192 2,965,956 2,761,957 2,605,463
Total current assets US$ in thousands 177,382 186,396 136,278 159,664 263,774 237,345 375,686 434,643 823,324 165,318 137,372 766,957 373,769 551,431 459,699 540,733 439,004 319,748 200,074 481,041
Total current liabilities US$ in thousands 232,804 247,214 248,816 212,447 239,298 162,094 191,024 149,784 197,626 195,047 209,001 193,028 331,876 211,599 159,776 285,050 259,050 337,122 327,161 792,945
Working capital turnover — — — — 150.85 48.71 21.23 14.89 7.20 — — 7.36 100.64 11.76 12.78 13.95 17.57 — — —

December 31, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $4,398,293K ÷ ($177,382K – $232,804K)
= —

Century Communities Inc's working capital turnover ratio has shown significant fluctuations over the analyzed periods. The ratio was not calculable for some periods due to negative working capital or missing data.

For the periods where data is available, the working capital turnover ratio ranged from a low of 7.20 to a high of 150.85. This indicates that the company's efficiency in utilizing its working capital to generate sales varied widely.

In general, a higher working capital turnover ratio is desirable as it suggests the company is generating more revenue per dollar of working capital. The peaks in the ratio, such as in December 2021 and December 2023, could indicate efficient management of working capital during those periods.

However, the fluctuations in the ratio over time may suggest inconsistency in the company's working capital management efficiency. Investors and stakeholders may want to further investigate the reasons behind these fluctuations to assess the company's financial performance and sustainability.