Godaddy Inc (GDDY)

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 4,569,600 4,477,300 4,400,100 4,325,000 4,254,100 4,193,700 4,157,200 4,124,600 4,091,300 4,070,700 4,001,500 3,917,300 3,815,700 3,670,300 3,550,700 3,425,800 3,316,700 3,223,200 3,139,300 3,070,100
Total current assets US$ in thousands 1,951,800 1,554,200 1,297,200 1,495,800 1,255,900 1,199,300 1,411,800 1,730,100 1,582,600 1,769,800 1,551,700 1,443,700 1,889,800 1,769,500 1,990,800 1,891,700 1,291,300 1,135,900 1,304,500 1,365,600
Total current liabilities US$ in thousands 2,698,400 2,784,500 2,707,200 2,722,300 2,683,100 2,647,600 2,616,600 2,599,300 2,459,800 2,475,500 2,457,600 2,474,000 2,436,700 2,485,000 2,456,500 2,395,000 2,314,200 2,237,700 2,972,300 2,124,000
Working capital turnover

December 31, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $4,569,600K ÷ ($1,951,800K – $2,698,400K)
= —

The working capital turnover ratio for Godaddy Inc for the periods provided in the data is indicated as "—", which suggests that specific details or values regarding the working capital turnover are not available for the respective dates.

Working capital turnover is a financial ratio that measures a company's efficiency in utilizing its working capital to generate sales revenue. A higher ratio generally indicates that the company is generating more sales revenue per unit of working capital.

As the data only shows "—", it is not possible to analyze the trend or magnitude of the working capital turnover for Godaddy Inc over the specified periods. In order to derive meaningful insights and draw conclusions about the company's efficiency in managing its working capital, it would be necessary to have the actual values for the working capital turnover ratio for the given dates.