Comcast Corp (CMCSA)
Working capital turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 123,731,000 | 121,572,000 | 121,427,000 | 116,385,000 | 103,564,000 |
Total current assets | US$ in thousands | 26,801,000 | 23,987,000 | 21,826,000 | 24,807,000 | 26,741,000 |
Total current liabilities | US$ in thousands | 39,581,000 | 40,198,000 | 27,887,000 | 29,348,000 | 28,796,000 |
Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $123,731,000K ÷ ($26,801,000K – $39,581,000K)
= —
Based on the provided data for Comcast Corp, the working capital turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company's working capital turnover, which measures how efficiently a company utilizes its working capital to generate sales, is not explicitly calculated or reported for these years.
It is essential to note that the working capital turnover ratio is typically calculated by dividing net sales by the average working capital during a specific period. An absence of this ratio in the financial information may suggest that either the company does not disclose this metric or that the necessary data to compute it accurately is not provided.
As working capital turnover is a critical efficiency ratio that can provide insights into a company's operational performance and liquidity management, the absence of this information makes it challenging to assess how effectively Comcast is utilizing its working capital to support its revenue generation activities during the specified years.
Peer comparison
Dec 31, 2024