GE HealthCare Technologies Inc. (GEHC)

Working capital turnover

Dec 31, 2023 Dec 31, 2022
Revenue US$ in thousands 18,952,000 18,199,000
Total current assets US$ in thousands 9,410,000 8,318,000
Total current liabilities US$ in thousands 8,981,000 7,191,000
Working capital turnover 44.18 16.15

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $18,952,000K ÷ ($9,410,000K – $8,981,000K)
= 44.18


Peer comparison

Dec 31, 2023

Company name
Symbol
Working capital turnover
GE HealthCare Technologies Inc.
GEHC
44.18
Hologic Inc
HOLX
1.35