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