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
1.45