International Business Machines (IBM)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 62,753,000 | 61,860,000 | 60,530,000 | 57,350,000 | 55,179,000 |
| Total current assets | US$ in thousands | 34,482,000 | 32,908,000 | 29,118,000 | 29,539,000 | 39,165,000 |
| Total current liabilities | US$ in thousands | 33,142,000 | 34,122,000 | 31,505,000 | 33,619,000 | 39,869,000 |
| Working capital turnover | 46.83 | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $62,753,000K ÷ ($34,482,000K – $33,142,000K)
= 46.83
The working capital turnover ratio for International Business Machines has not been provided for the years ending December 31, 2020 through December 31, 2023. However, for the year ended December 31, 2024, the working capital turnover ratio was 46.83. This indicates that IBM generated 46.83 times revenue from its working capital during that period. A higher working capital turnover ratio suggests that the company is efficiently managing its working capital to generate sales, which is generally seen as a positive sign for liquidity and operational efficiency. Nonetheless, without data for the previous years, it is challenging to assess the trend in IBM's working capital turnover over time.
Peer comparison
Dec 31, 2024