Frontier Communications Parent Inc (FYBR)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,873,000 | 5,751,000 | 5,787,000 | 6,411,000 | 7,155,000 |
| Total current assets | US$ in thousands | 1,260,000 | 2,781,000 | 2,597,000 | 2,688,000 | 2,654,000 |
| Total current liabilities | US$ in thousands | 2,289,000 | 2,275,000 | 2,295,000 | 1,451,000 | 7,140,000 |
| Working capital turnover | — | 11.37 | 19.16 | 5.18 | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,873,000K ÷ ($1,260,000K – $2,289,000K)
= —
The working capital turnover ratio for Frontier Communications Parent Inc demonstrates fluctuations over the period analyzed. In December 31, 2021, the ratio was 5.18, indicating the company generated turnover of working capital of $5.18 for each dollar of working capital invested during that year. The ratio significantly increased to 19.16 by December 31, 2022, showcasing a substantial improvement in working capital efficiency. However, there was a decrease to 11.37 by December 31, 2023, which suggests a decrease in the efficiency of working capital management. The information for December 31, 2020, and December 31, 2024, is unavailable. Overall, the company should focus on maintaining a consistent working capital turnover to ensure optimal utilization of its resources.
Peer comparison
Dec 31, 2024