Genpact Limited (G)
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 | 4,767,140 | 4,664,650 | 4,589,490 | 4,518,800 | 4,476,880 | 4,433,170 | 4,408,420 | 4,392,050 | 4,371,170 | 4,340,910 | 4,245,610 | 4,144,586 | 4,022,217 | 3,900,505 | 3,820,288 | 3,732,256 | 3,709,377 | 3,699,548 | 3,652,824 | 3,634,529 |
| Total current assets | US$ in thousands | 2,080,100 | 2,400,810 | 2,266,080 | 1,830,440 | 1,891,510 | 1,869,550 | 1,748,110 | 1,733,560 | 1,779,490 | 1,758,380 | 1,719,300 | 1,984,730 | 1,921,640 | 2,075,240 | 1,882,110 | 1,711,630 | 1,748,870 | 1,878,710 | 1,916,230 | 1,478,940 |
| Total current liabilities | US$ in thousands | 963,739 | 1,294,730 | 1,197,680 | 1,185,400 | 1,317,930 | 978,958 | 931,443 | 944,524 | 1,103,320 | 1,633,110 | 1,091,290 | 1,383,290 | 1,308,800 | 1,312,350 | 1,240,710 | 843,738 | 1,202,640 | 1,146,650 | 1,283,320 | 944,057 |
| Working capital turnover | 4.27 | 4.22 | 4.30 | 7.01 | 7.81 | 4.98 | 5.40 | 5.57 | 6.46 | 34.65 | 6.76 | 6.89 | 6.56 | 5.11 | 5.96 | 4.30 | 6.79 | 5.05 | 5.77 | 6.79 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $4,767,140K ÷ ($2,080,100K – $963,739K)
= 4.27
The working capital turnover ratio of Genpact Limited has fluctuated over the years based on the data provided. The ratio indicates how efficiently the company is utilizing its working capital to generate sales revenue.
From March 31, 2020, to June 30, 2021, the working capital turnover ranged between 4.30 and 6.79, indicating a relatively stable performance during this period. However, there was a significant increase in the ratio to 34.65 on September 30, 2022, suggesting a sudden improvement in working capital efficiency.
Subsequently, the ratio declined to 4.22 by September 30, 2024, before showing a slight increase to 4.27 on December 31, 2024. This decrease in the ratio may signal inefficiencies in managing working capital during this period.
Overall, it is essential for Genpact Limited to closely monitor its working capital turnover ratio to ensure optimal utilization of resources and efficient operations. By analyzing this ratio over time, the company can identify trends and make informed decisions to enhance its financial performance.
Peer comparison
Dec 31, 2024