Cigna Corp (CI)
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 | 245,305,000 | 230,668,000 | 216,008,000 | 204,145,000 | 195,187,000 | 189,858,000 | 186,023,000 | 182,800,000 | 180,023,000 | 180,040,000 | 179,197,000 | 176,998,000 | 174,286,000 | 170,397,000 | 167,028,000 | 163,141,000 | 160,550,000 | 157,009,000 | 154,629,000 | 154,168,000 |
| Total current assets | US$ in thousands | — | 49,222,000 | 46,215,000 | 43,357,000 | 37,351,000 | 34,518,000 | 34,711,000 | 32,027,000 | 28,790,000 | 29,963,000 | 37,422,000 | 26,143,000 | 70,061,000 | 68,136,000 | 67,754,000 | 67,063,000 | 70,088,000 | 74,340,000 | 73,802,000 | 30,877,000 |
| Total current liabilities | US$ in thousands | — | 57,060,000 | 55,373,000 | 51,977,000 | 48,716,000 | 47,059,000 | 47,345,000 | 44,727,000 | 10,768,000 | 27,034,000 | 25,971,000 | 24,040,000 | 9,200,000 | 23,067,000 | 21,649,000 | 19,806,000 | 22,199,000 | 24,315,000 | 22,019,000 | 77,543,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | 9.99 | 61.47 | 15.65 | 84.16 | 2.86 | 3.78 | 3.62 | 3.45 | 3.35 | 3.14 | 2.99 | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $245,305,000K ÷ ($—K – $—K)
= —
The working capital turnover ratio measures how efficiently a company is using its working capital to generate revenue. Higher values indicate better efficiency in utilizing working capital.
Based on the data provided for Cigna Corp, the working capital turnover ratio fluctuated over the given periods. From June 2020 to December 2021, the ratio showed a steady increase from 2.99 to 3.78, indicating improving efficiency in utilizing working capital to generate revenue.
However, there were significant fluctuations in the ratio for the subsequent periods, with values reaching as high as 84.16 in March 2022 and then dropping to 9.99 by December 2022. These extreme fluctuations suggest potential irregularities or anomalies in the company's working capital management during these periods.
The lack of data for the periods from March 2023 to December 2024 prevents a more comprehensive analysis of the trend in working capital turnover for Cigna Corp during those specific periods. Further information for those periods would be necessary to assess the overall efficiency of the company in utilizing its working capital for revenue generation.
Peer comparison
Dec 31, 2024