Fortrea Holdings Inc. (FTRE)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|
| Revenue | US$ in thousands | 2,657,400 | 3,041,800 |
| Total current assets | US$ in thousands | 948,200 | 1,250,800 |
| Total current liabilities | US$ in thousands | 949,500 | 778,400 |
| Working capital turnover | — | 6.44 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,657,400K ÷ ($948,200K – $949,500K)
= —
Peer comparison
Dec 31, 2024
Company name
Symbol
Working capital turnover
Fortrea Holdings Inc.
FTRE
—
Fulgent Genetics Inc
FLGT
0.67
Laboratory Corporation of America Holdings
LH
8.81
Quest Diagnostics Incorporated
DGX
16.34
RadNet Inc
RDNT
3.38