GE Vernova LLC (GEV)
Working capital turnover
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|
Revenue | US$ in thousands | 33,239,000 | 29,654,000 | 33,006,000 |
Total current assets | US$ in thousands | 26,374,000 | 24,754,000 | — |
Total current liabilities | US$ in thousands | 29,306,000 | 26,042,000 | — |
Working capital turnover | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $33,239,000K ÷ ($26,374,000K – $29,306,000K)
= —
To calculate the working capital turnover for GE Vernova LLC, we need to use the formula:
Working Capital Turnover = Net Sales / Average Working Capital
However, since the specific values for both net sales and working capital are not provided in the table, we are unable to determine the working capital turnover for the years 2021, 2022, and 2023.
Without the necessary data, it is not feasible to conduct a detailed analysis and interpretation of the working capital turnover for GE Vernova LLC. It is crucial to have the specific figures for net sales and working capital to accurately assess the efficiency of the company's working capital management and its ability to generate sales from its working capital during the respective years.
Peer comparison
Dec 31, 2023