DaVita HealthCare Partners Inc (DVA)
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 | 12,815,550 | 12,666,620 | 12,524,360 | 12,338,010 | 12,140,150 | 11,911,290 | 11,738,650 | 11,665,040 | 11,609,900 | 11,636,980 | 11,626,610 | 11,616,360 | 11,618,800 | 11,580,150 | 11,565,900 | 11,529,370 | 11,550,610 | 11,543,870 | 11,523,880 | 11,486,600 |
| Total current assets | US$ in thousands | 3,746,070 | 4,037,000 | 3,466,920 | 3,683,750 | 3,137,910 | 3,135,360 | 3,001,970 | 3,039,740 | 3,155,290 | 3,202,440 | 3,264,110 | 3,128,710 | 3,167,720 | 3,839,540 | 3,978,590 | 3,866,680 | 3,148,720 | 3,429,680 | 5,779,830 | 4,023,940 |
| Total current liabilities | US$ in thousands | 2,973,410 | 2,943,990 | 2,994,790 | 2,583,100 | 2,642,210 | 2,537,930 | 2,403,420 | 2,565,090 | 2,619,750 | 2,537,410 | 2,310,750 | 2,420,450 | 2,398,530 | 2,363,050 | 2,386,040 | 2,314,720 | 2,476,140 | 2,499,240 | 4,274,560 | 2,220,750 |
| Working capital turnover | 16.59 | 11.59 | 26.53 | 11.21 | 24.49 | 19.94 | 19.61 | 24.58 | 21.68 | 17.50 | 12.20 | 16.40 | 15.11 | 7.84 | 7.26 | 7.43 | 17.17 | 12.41 | 7.66 | 6.37 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $12,815,550K ÷ ($3,746,070K – $2,973,410K)
= 16.59
DaVita HealthCare Partners Inc's working capital turnover ratio has shown fluctuations over the periods provided. The ratio increased from 6.37 at March 31, 2020, to a peak of 26.53 at June 30, 2024, before declining to 16.59 at December 31, 2024. This indicates that the company's efficiency in utilizing its working capital to generate sales revenue improved significantly initially but then decreased towards the end of the period. A higher turnover ratio indicates that the company is effectively using its working capital to support sales growth. Monitoring this ratio can provide insights into the company's operational efficiency and liquidity management over time.
Peer comparison
Dec 31, 2024