HCA Holdings Inc (HCA)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 70,603,000 | 64,968,000 | 60,233,000 | 58,752,000 | 51,533,000 |
| Total current assets | US$ in thousands | 16,414,000 | 14,927,000 | 13,643,000 | 13,542,000 | 12,333,000 |
| Total current liabilities | US$ in thousands | 15,177,000 | 12,655,000 | 9,902,000 | 9,582,000 | 8,704,000 |
| Working capital turnover | 57.08 | 28.60 | 16.10 | 14.84 | 14.20 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $70,603,000K ÷ ($16,414,000K – $15,177,000K)
= 57.08
The working capital turnover of HCA Holdings Inc has shown a consistent upward trend over the years, indicating the company's ability to efficiently utilize its working capital. The ratio has increased steadily from 14.20 in December 31, 2020, to 57.08 in December 31, 2024. This signifies that for each dollar of working capital invested, the company generated $57.08 in revenue by the end of 2024.
The significant increase in the working capital turnover from 2020 to 2024 suggests improved operational efficiency and effective management of current assets and liabilities. HCA Holdings Inc's ability to convert its working capital into revenue has shown remarkable improvement, reflecting positively on the company's financial health and operational performance during the period analyzed.
Peer comparison
Dec 31, 2024