KBR Inc (KBR)
Working capital turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 7,749,000 | 6,834,000 | 6,496,000 | 7,249,000 | 5,767,000 |
Total current assets | US$ in thousands | 1,873,000 | 1,651,000 | 1,747,000 | 2,152,000 | 1,634,000 |
Total current liabilities | US$ in thousands | 1,782,000 | 1,572,000 | 1,821,000 | 1,875,000 | 1,455,000 |
Working capital turnover | 85.15 | 86.51 | — | 26.17 | 32.22 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $7,749,000K ÷ ($1,873,000K – $1,782,000K)
= 85.15
Based on the data provided, KBR Inc's working capital turnover has fluctuated over the years.
In 2020, the working capital turnover was 32.22, indicating that the company generated revenues 32.22 times its working capital during that period.
In 2021, the working capital turnover decreased to 26.17, which suggests a slightly less efficient use of working capital compared to the previous year.
The data for 2022 is not available ("—"), making it challenging to assess the company's performance for that year.
However, in 2023, there was a significant improvement in working capital turnover, reaching 86.51. This sharp increase may indicate a more efficient management of working capital or an increase in revenues relative to working capital.
In 2024, the working capital turnover remained high at 85.15, indicating that the company continued to generate significant revenues relative to its working capital.
Overall, KBR Inc's working capital turnover has shown varying levels of efficiency over the years, with notable improvements in some years and fluctuations in others.
Peer comparison
Dec 31, 2024