TechnipFMC PLC (FTI)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 9,103,400 | 7,827,100 | 6,700,400 | 6,403,500 | 6,530,600 |
| Total current assets | US$ in thousands | 5,467,600 | 5,195,400 | 4,988,700 | 5,341,500 | 11,444,700 |
| Total current liabilities | US$ in thousands | 4,864,800 | 4,468,600 | 4,174,300 | 3,851,800 | 10,415,200 |
| Working capital turnover | 15.10 | 10.77 | 8.23 | 4.30 | 6.34 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $9,103,400K ÷ ($5,467,600K – $4,864,800K)
= 15.10