Equifax Inc (EFX)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,020,200 | 4,937,400 | 4,775,900 | 3,978,400 | 3,392,900 |
| Total current assets | US$ in thousands | 1,356,300 | 1,370,500 | 1,120,900 | 2,478,300 | 1,209,400 |
| Total current liabilities | US$ in thousands | 2,019,000 | 2,015,200 | 2,291,300 | 2,483,100 | 1,359,100 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,020,200K ÷ ($1,356,300K – $2,019,000K)
= —
To analyze Equifax, Inc.'s working capital turnover, we first need to calculate the ratio using the formula:
Working Capital Turnover = Revenue / Average Working Capital
Where Working Capital = Current Assets - Current Liabilities
Unfortunately, the provided table does not include data on revenue, current assets, or current liabilities for Equifax, Inc. Therefore, without this information, we are unable to compute the working capital turnover for the years in question.
To conduct a thorough analysis of Equifax's working capital turnover, it is essential to gather additional financial data to calculate the ratio accurately and assess the company's efficiency in managing its working capital in generating revenue.