Keurig Dr Pepper Inc (KDP)

Working capital turnover

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Revenue US$ in thousands 14,271,000 13,190,000 12,701,000 11,130,000 10,500,000
Total current assets US$ in thousands 3,375,000 3,804,000 3,057,000 2,388,000 2,273,000
Total current liabilities US$ in thousands 8,916,000 8,076,000 6,485,000 7,694,000 6,474,000
Working capital turnover

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $14,271,000K ÷ ($3,375,000K – $8,916,000K)
= —

To calculate the working capital turnover for Keurig Dr Pepper Inc, we need the following formula: Working Capital Turnover = Revenue / Average Working Capital. Unfortunately, the specific figures required to compute this ratio are not provided in the given table for the years ending on December 31 of each year from 2019 to 2023. Without the necessary data points, a detailed analysis of Keurig Dr Pepper Inc's working capital turnover over the specified period cannot be performed. For a thorough evaluation, access to the company's financial statements or additional numerical details would be essential.


Peer comparison

Dec 31, 2023

Company name
Symbol
Working capital turnover
Keurig Dr Pepper Inc
KDP
Constellation Brands Inc Class A
STZ
35.12
PepsiCo Inc
PEP
The Coca-Cola Company
KO
14.47

See also:

Keurig Dr Pepper Inc Working Capital Turnover