IQVIA Holdings Inc (IQV)
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 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 14,308,000 | 14,246,000 | 14,145,000 | 14,033,000 | 14,004,000 | 13,925,000 | 13,769,000 | 13,666,000 | 13,470,000 | 13,226,000 | 12,614,000 | 11,671,000 | 11,033,000 | 10,630,000 | 10,575,000 | 10,800,000 | 10,726,000 | 10,519,000 | 10,377,000 | 10,209,000 |
| Total current assets | US$ in thousands | 5,596,000 | 5,208,000 | 5,329,000 | 5,328,000 | 4,981,000 | 4,752,000 | 4,911,000 | 4,772,000 | 4,763,000 | 4,534,000 | 5,068,000 | 5,579,000 | 5,090,000 | 4,645,000 | 4,208,000 | 4,277,000 | 4,126,000 | 3,995,000 | 3,978,000 | 3,999,000 |
| Total current liabilities | US$ in thousands | 6,491,000 | 6,589,000 | 6,543,000 | 6,657,000 | 5,578,000 | 5,253,000 | 5,104,000 | 5,157,000 | 5,241,000 | 4,847,000 | 4,819,000 | 4,868,000 | 4,558,000 | 4,139,000 | 3,843,000 | 3,907,000 | 3,945,000 | 3,576,000 | 3,495,000 | 3,502,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | 50.66 | 16.41 | 20.74 | 21.01 | 28.97 | 29.19 | 59.26 | 25.11 | 21.48 | 20.54 |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $14,308,000K ÷ ($5,596,000K – $6,491,000K)
= —
As the data for working capital turnover for IQVIA Holdings Inc is not available in the table provided, it is not possible to calculate or analyze the trend for this specific ratio over the given periods. Working capital turnover is a financial metric used to evaluate how efficiently a company is using its working capital to generate revenue. It is calculated by dividing net sales by average working capital.
Without the working capital turnover figures, we cannot assess the company's effectiveness in generating sales relative to its investment in working capital during the specified periods. To conduct a more thorough analysis of IQVIA Holdings Inc's working capital turnover, additional data or information would be needed.
Peer comparison
Dec 31, 2023
See also:
IQVIA Holdings Inc Working Capital Turnover (Quarterly Data)