CVS Health Corp (CVS)
Working capital turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 357,776,000 | 347,809,000 | 339,204,000 | 330,919,000 | 322,467,000 | 315,225,000 | 307,860,000 | 299,840,000 | 292,111,000 | 285,061,000 | 278,323,000 | 271,048,000 | 268,706,000 | 266,041,000 | 263,795,000 | 261,885,000 | 256,776,000 | 244,311,000 | 226,991,000 | 210,482,000 |
| Total current assets | US$ in thousands | 67,858,000 | 70,143,000 | 67,756,000 | 68,706,000 | 65,633,000 | 68,341,000 | 62,142,000 | 61,483,000 | 60,008,000 | 60,842,000 | 56,559,000 | 55,719,000 | 56,369,000 | 59,211,000 | 62,506,000 | 58,958,000 | 50,302,000 | 48,185,000 | 46,901,000 | 47,857,000 |
| Total current liabilities | US$ in thousands | 79,189,000 | 81,553,000 | 79,206,000 | 75,054,000 | 69,421,000 | 72,409,000 | 68,457,000 | 69,780,000 | 67,807,000 | 64,709,000 | 59,311,000 | 60,104,000 | 62,017,000 | 62,044,000 | 63,694,000 | 59,560,000 | 53,303,000 | 52,544,000 | 49,376,000 | 50,631,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $357,776,000K ÷ ($67,858,000K – $79,189,000K)
= —
The working capital turnover ratio for CVS Health Corp is not available in the provided data. To calculate the working capital turnover ratio, we need the values of net sales and average working capital for each quarter. The working capital turnover ratio is a measure of how efficiently a company uses its working capital to generate sales revenue. A higher ratio indicates better efficiency in utilizing working capital to generate revenue. Without specific data points, it is not possible to analyze CVS Health Corp's performance in terms of working capital turnover over the specified quarters.
Peer comparison
Dec 31, 2023