GXO Logistics Inc (GXO)
Working capital turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 9,725,000 | 9,604,000 | 9,428,000 | 9,195,000 | 8,964,000 | 8,764,000 | 8,452,000 | 8,181,000 | |||
| Total current assets | US$ in thousands | 2,568,000 | 2,466,000 | 2,306,000 | 2,311,000 | 2,428,000 | 2,242,000 | 2,256,000 | 2,030,000 | 2,099,000 | 1,958,000 | 1,963,000 |
| Total current liabilities | US$ in thousands | 2,626,000 | 2,434,000 | 2,403,000 | 2,421,000 | 2,532,000 | 2,275,000 | 2,364,000 | 2,122,000 | 2,329,000 | 2,245,000 | 2,009,000 |
| Working capital turnover | — | 300.12 | — | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $9,725,000K ÷ ($2,568,000K – $2,626,000K)
= —
The working capital turnover for GXO Logistics Inc cannot be calculated for Q4 2023, Q2 2023, and Q1 2023 as the specific data for working capital or sales is not provided in the table. However, in Q3 2023, the working capital turnover was 301.72. Working capital turnover measures how effectively a company utilizes its working capital to generate sales revenue. A higher working capital turnover indicates efficient utilization of working capital. Without additional data points, further analysis and trend comparison over time are not possible to assess the company's working capital efficiency accurately.
Peer comparison
Dec 31, 2023