Delta Air Lines Inc (DAL)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 61,604,000 | 57,151,000 | 49,453,000 | 28,301,000 | 16,166,000 |
| Total current assets | US$ in thousands | 9,844,000 | 10,269,000 | 13,011,000 | 15,940,000 | 17,404,000 |
| Total current liabilities | US$ in thousands | 26,670,000 | 26,418,000 | 25,940,000 | 20,966,000 | 15,927,000 |
| Working capital turnover | — | — | — | — | 10.95 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $61,604,000K ÷ ($9,844,000K – $26,670,000K)
= —
Based on the data provided, Delta Air Lines Inc's working capital turnover was 10.95 as of December 31, 2020. It is important to note that for the subsequent years through 2024, the working capital turnover figure is not available ("—").
A working capital turnover ratio of 10.95 means that Delta Air Lines Inc was able to convert its working capital into revenue nearly 11 times during the period ending December 31, 2020. This indicates efficient management of working capital, as higher turnover ratios generally suggest a company is effectively utilizing its resources to generate revenue.
However, the absence of data for the years 2021 to 2024 makes it challenging to assess any changes or trends in Delta Air Lines Inc's working capital turnover over time. It would be beneficial to have more recent data to better understand the company's ongoing performance in efficiently utilizing its working capital.
Peer comparison
Dec 31, 2024