Ford Motor Company (F)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 176,191,000 | 158,057,000 | 136,341,000 | 127,144,000 | 155,900,000 |
| Total current assets | US$ in thousands | 121,481,000 | 116,476,000 | 108,996,000 | 116,744,000 | 114,047,000 |
| Total current liabilities | US$ in thousands | 101,531,000 | 96,866,000 | 90,727,000 | 97,192,000 | 98,132,000 |
| Working capital turnover | 8.83 | 8.06 | 7.46 | 6.50 | 9.80 |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $176,191,000K ÷ ($121,481,000K – $101,531,000K)
= 8.83
To calculate Ford Motor Co.'s working capital turnover, we need to use the formula:
Working Capital Turnover = Revenue / Average Working Capital
However, since the specific figures for working capital are not provided in the table, we cannot compute the exact values for working capital turnover for the years 2019 to 2023. In the absence of the necessary data, a comprehensive analysis of Ford Motor Co.'s working capital turnover cannot be provided at this time.
To perform a thorough evaluation of this ratio and its trends over time, access to the detailed financial statements of Ford Motor Co., including both the revenue and working capital figures for each year, is essential.
Peer comparison
Dec 31, 2023