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

Company name
Symbol
Working capital turnover
GE Vernova LLC
GEV
Emerson Electric Company
EMR
1.72
GE Aerospace
GE
7.62
Otis Worldwide Corp
OTIS