Linde plc Ordinary Shares (LIN)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 33,005,000 | 32,854,000 | 33,364,000 | 30,793,000 | 27,243,000 |
| Total current assets | US$ in thousands | 12,945,000 | 12,620,000 | 13,047,000 | 10,159,000 | 10,924,000 |
| Total current liabilities | US$ in thousands | 14,544,000 | 15,717,000 | 16,479,000 | 13,643,000 | 13,740,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $33,005,000K ÷ ($12,945,000K – $14,544,000K)
= —
The data provided indicates that the working capital turnover for Linde plc Ordinary Shares is not available for the years 2020, 2021, 2022, 2023, and 2024. Without this specific ratio information, it is challenging to assess how efficiently the company is managing its working capital to generate sales revenue. Working capital turnover is a critical financial metric that reflects the company's efficiency in utilizing its working capital to support operations and generate sales. A higher turnover ratio typically signifies that the company is effectively using its current assets to drive revenue generation. Conversely, a lower turnover ratio may indicate inefficiencies in utilizing working capital resources. In the absence of data, further insight into Linde plc's working capital management efficiency cannot be provided.
Peer comparison
Dec 31, 2024