Delta Air Lines Inc (DAL)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 57,151,000 | 49,453,000 | 28,301,000 | 16,166,000 | 46,706,000 |
| Total current assets | US$ in thousands | 10,269,000 | 13,011,000 | 15,940,000 | 17,404,000 | 8,249,000 |
| Total current liabilities | US$ in thousands | 26,418,000 | 25,940,000 | 20,966,000 | 15,927,000 | 20,204,000 |
| Working capital turnover | — | — | — | 10.95 | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $57,151,000K ÷ ($10,269,000K – $26,418,000K)
= —
The working capital turnover ratio for Delta Air Lines, Inc. in 2020 was 11.57, indicating that the company generated $11.57 in revenue for every dollar of working capital invested. However, the data is not available for the years 2021, 2022, and 2023, so we are unable to provide a trend analysis or comparison. A higher working capital turnover ratio generally signifies efficient utilization of working capital to generate sales. To gain a more comprehensive understanding of the company's liquidity and operational efficiency, it would be beneficial to have data for additional years.
Peer comparison
Dec 31, 2023