Frontier Communications Parent Inc (FYBR)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,414,506 | 5,839,000 | 5,789,000 | 5,758,000 | 5,736,000 | 5,747,000 | 5,752,000 | 5,762,000 | 5,769,000 | 5,875,000 | 6,025,000 | 6,182,000 | 6,411,000 | 6,563,000 | 6,713,000 | 6,898,000 | 7,155,000 | -705,000 | -434,000 | -168,000 |
| Total current assets | US$ in thousands | 1,260 | 1,886,000 | 1,755,000 | 2,081,000 | 2,781,000 | 2,798,000 | 1,761,000 | 2,544,000 | 2,597,000 | 3,078,000 | 3,502,000 | 2,688,000 | 2,688,000 | 1,787,000 | 1,625,000 | 2,754,000 | 2,654,000 | 2,638,000 | 3,219,000 | 3,202,000 |
| Total current liabilities | US$ in thousands | 2,289,000 | 2,453,000 | 2,019,000 | 1,940,000 | 2,275,000 | 2,051,000 | 2,067,000 | 2,311,000 | 2,295,000 | 1,977,000 | 1,779,000 | 1,713,000 | 1,451,000 | 1,480,000 | 1,391,000 | 7,151,000 | 7,140,000 | 7,112,000 | 7,812,000 | 19,229,000 |
| Working capital turnover | — | — | — | 40.84 | 11.34 | 7.69 | — | 24.73 | 19.10 | 5.34 | 3.50 | 6.34 | 5.18 | 21.38 | 28.69 | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $4,414,506K ÷ ($1,260K – $2,289,000K)
= —
The working capital turnover ratio for Frontier Communications Parent Inc fluctuated over the period from March 31, 2021, to December 31, 2024. The ratio measures how efficiently the company is using its working capital to generate sales revenue.
The ratio was 28.69 as of June 30, 2021, indicating that the company was effectively utilizing its working capital to generate revenue. However, this ratio dropped significantly to 3.50 as of June 30, 2022, suggesting a potential decrease in efficiency in utilizing working capital during that period.
Subsequently, the ratio increased to 40.84 as of March 31, 2024, signaling a significant improvement in the company's ability to generate sales revenue from its working capital. However, there are missing data points between June 30, 2023, and December 31, 2024, hindering a complete trend analysis.
Overall, the working capital turnover ratio for Frontier Communications Parent Inc has shown variability over the analyzed period, indicating fluctuations in the company's efficiency in using its working capital to support its sales operations.
Peer comparison
Dec 31, 2024