JetBlue Airways Corp (JBLU)

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 9,518,000 9,577,000 9,782,000 9,605,000 9,012,000 8,482,000 7,977,000 7,012,000 5,984,000 4,811,000 3,226,000 1,956,000 2,844,000 4,214,000 5,864,000 7,776,000 8,061,000 7,998,000 7,894,000 7,710,000
Total current assets US$ in thousands 2,160,000 1,970,000 2,230,000 2,098,000 1,916,000 2,611,000 2,994,000 3,272,000 3,245,000 3,690,000 4,196,000 3,608,000 3,345,000 3,455,000 3,777,000 2,194,000 1,786,000 1,460,000 1,469,000 1,521,000
Total current liabilities US$ in thousands 3,628,000 3,723,000 3,890,000 4,010,000 3,748,000 3,903,000 4,065,000 4,026,000 3,417,000 3,566,000 3,973,000 3,131,000 2,674,000 2,808,000 3,985,000 3,622,000 2,663,000 2,759,000 2,889,000 2,851,000
Working capital turnover 38.80 14.47 4.10 4.24 6.51

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $9,518,000K ÷ ($2,160,000K – $3,628,000K)
= —

I'm sorry, but without specific data on Jetblue Airways Corp's working capital turnover for the mentioned periods, I am unable to provide a detailed analysis of this ratio. As working capital turnover is a key indicator of a company's efficiency in managing its working capital to generate sales revenue, it would be necessary to have the relevant figures to conduct a thorough analysis. If you could provide the specific values for the working capital turnover for the periods listed, I would be more than happy to assist with the analysis.


Peer comparison

Dec 31, 2023