Keurig Dr Pepper Inc (KDP)

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	14,303,000	14,206,000	14,054,000	13,647,000	13,249,000	13,493,000	13,211,000	13,017,000	12,737,000	11,774,000	11,512,000	11,201,000	11,024,000	10,824,000	10,664,000	10,601,000	10,457,000	10,315,000	10,308,000	9,509,000
Total current assets	US$ in thousands	3,375,000	3,406,000	3,570,000	3,586,000	3,804,000	4,325,000	3,771,000	3,490,000	3,057,000	2,803,000	2,616,000	2,665,000	2,388,000	2,416,000	2,240,000	2,277,000	2,273,000	2,269,000	2,221,000	2,162,000
Total current liabilities	US$ in thousands	8,916,000	8,814,000	9,056,000	9,127,000	8,076,000	7,233,000	6,761,000	6,448,000	6,485,000	6,795,000	6,917,000	7,225,000	7,694,000	7,329,000	7,298,000	6,858,000	6,474,000	6,550,000	6,695,000	6,656,000
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $14,303,000K ÷ ($3,375,000K – $8,916,000K)
= —

As the information for Keurig Dr Pepper Inc's working capital turnover is not available in the provided data, an analysis of this specific ratio cannot be conducted at this time. Working capital turnover is a key metric used to assess how efficiently a company is utilizing its working capital to generate sales revenue. It typically indicates how many times a company's working capital is being used to support its sales operations over a specific period.

To perform a comprehensive analysis of Keurig Dr Pepper Inc's working capital turnover, it would be necessary to have access to the relevant financial data for the periods specified in the table. If you could provide the working capital and net sales figures for these periods, I would be able to calculate the working capital turnover ratio and offer insights into the company's efficiency in managing its working capital.