Charter Communications Inc (CHTR)
Working capital turnover
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 54,607,000 | 54,022,000 | 51,682,000 | 48,097,000 | 45,764,000 |
Total current assets | US$ in thousands | 4,132,000 | 4,017,000 | 3,566,000 | 3,909,000 | 6,471,000 |
Total current liabilities | US$ in thousands | 13,214,000 | 12,065,000 | 12,458,000 | 9,875,000 | 12,385,000 |
Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $54,607,000K ÷ ($4,132,000K – $13,214,000K)
= —
To calculate the working capital turnover for Charter Communications Inc., we need to use the formula:
Working Capital Turnover = Revenue / Average Working Capital
However, without the specific figures for revenue and working capital for each year, we are unable to compute the working capital turnover ratio. It appears that the data provided is incomplete or not applicable in the context of the given table.
The working capital turnover ratio is a measure of how efficiently a company is utilizing its working capital to generate revenue. A higher ratio typically indicates a more effective utilization of working capital, while a lower ratio may suggest inefficiency or excess working capital.
In order to conduct a thorough analysis of Charter Communications Inc.'s working capital turnover, we would need access to the necessary financial data to compute the ratio for the respective years.
Peer comparison
Dec 31, 2023