International Business Machines (IBM)
Working capital turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 67,535,000 | 65,402,000 | 64,038,000 | 62,830,000 | 62,750,000 | 62,577,000 | 62,362,000 | 62,068,000 | 61,859,000 | 61,170,000 | 60,524,000 | 60,584,000 | 60,529,000 | 60,533,000 | 59,678,000 | 58,361,000 | 57,351,000 | 61,024,000 | 65,334,000 | 69,239,000 |
| Total current assets | US$ in thousands | 35,860,000 | 32,740,000 | 34,253,000 | 35,336,000 | 34,482,000 | 30,543,000 | 33,299,000 | 36,663,000 | 32,908,000 | 27,705,000 | 34,458,000 | 35,982,000 | 29,118,000 | 28,999,000 | 27,896,000 | 31,330,000 | 29,539,000 | 29,967,000 | 30,774,000 | 34,038,000 |
| Total current liabilities | US$ in thousands | 38,658,000 | 35,142,000 | 37,726,000 | 35,106,000 | 33,142,000 | 28,853,000 | 29,648,000 | 32,397,000 | 34,122,000 | 30,606,000 | 32,513,000 | 30,993,000 | 31,505,000 | 30,466,000 | 31,844,000 | 34,056,000 | 33,619,000 | 35,832,000 | 36,616,000 | 36,542,000 |
| Working capital turnover | — | — | — | 273.17 | 46.83 | 37.03 | 17.08 | 14.55 | — | — | 31.12 | 12.14 | — | — | — | — | — | — | — | — |
December 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $67,535,000K ÷ ($35,860,000K – $38,658,000K)
= —
Peer comparison
Dec 31, 2025
Company name
Symbol
Working capital turnover
International Business Machines
IBM
—
Accenture plc
ACN
8.15
Concentrix Corporation
CNXC
11.06
Penguin Solutions, Inc.
PENG
2.32
See also:
International Business Machines Working Capital Turnover (Quarterly Data)