Linde plc Ordinary Shares (LIN)

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 32,607,000 32,273,000 32,937,000 33,237,000 33,292,000 33,587,000 32,468,000 31,582,000 30,594,000 29,518,000 28,675,000 27,486,000 27,002,000 27,013,000 27,360,000 28,187,000 28,392,000 27,128,000 22,988,000 18,737,000
Total current assets US$ in thousands 12,620,000 11,737,000 11,411,000 12,904,000 13,047,000 11,203,000 11,272,000 12,257,000 10,159,000 12,007,000 10,446,000 11,132,000 10,924,000 12,265,000 12,073,000 11,513,000 10,352,000 9,812,000 10,681,000 15,088,000
Total current liabilities US$ in thousands 15,717,000 14,162,000 14,552,000 17,785,000 16,479,000 15,061,000 15,295,000 14,506,000 13,643,000 14,758,000 14,676,000 15,027,000 13,740,000 14,792,000 15,095,000 15,490,000 12,160,000 10,883,000 10,521,000 11,140,000
Working capital turnover 143.68 4.75

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $32,607,000K ÷ ($12,620,000K – $15,717,000K)
= —

I'm sorry, but without specific data provided for the working capital turnover ratio for Linde Plc. for the given quarters, it is not possible to conduct a detailed analysis of the company's working capital turnover trend. In order to assess the efficiency of the company in managing its working capital, we would need the relevant data for each of the quarters mentioned. Please provide the necessary information in order to generate a meaningful analysis.


Peer comparison

Dec 31, 2023

Company name
Symbol
Working capital turnover
Linde plc Ordinary Shares
LIN
Air Products and Chemicals Inc
APD
5.54
Minerals Technologies Inc
MTX
3.31

See also:

Linde plc Ordinary Shares Working Capital Turnover (Quarterly Data)