Linde plc Ordinary Shares (LIN)

Working capital turnover

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Revenue (ttm) US$ in thousands 33,005,000 37,456,000 37,255,000 37,192,000 37,285,000 32,451,000 33,093,000 33,346,000 33,364,000 33,763,000 32,634,000 31,761,000 30,793,000 29,767,000 28,954,000 27,747,000 27,243,000 27,051,000 27,196,000 28,023,000
Total current assets US$ in thousands 12,945,000 13,460,000 12,843,000 13,102,000 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
Total current liabilities US$ in thousands 14,544,000 14,049,000 13,504,000 14,389,000 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
Working capital turnover

December 31, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $33,005,000K ÷ ($12,945,000K – $14,544,000K)
= —

The working capital turnover ratio for Linde plc Ordinary Shares is not provided for any of the reporting periods from March 31, 2020, to December 31, 2024. The absence of this ratio data indicates that it is not possible to analyze how efficiently the company is utilizing its working capital to generate sales during these periods.

Working capital turnover is a measure of how well a company is using its working capital to generate revenue. A higher working capital turnover ratio generally indicates that the company is efficiently managing its working capital and converting it into sales.

Without the specific data points for this ratio, it is challenging to assess the company's working capital efficiency or make any in-depth analysis based on this measure. It is recommended that investors and analysts seek additional information or engage directly with the company for a comprehensive understanding of Linde plc's working capital management and performance.


Peer comparison

Dec 31, 2024

Company name
Symbol
Working capital turnover
Linde plc Ordinary Shares
LIN
Air Products and Chemicals Inc
APD
5.54
Minerals Technologies Inc
MTX
2.89

See also:

Linde plc Ordinary Shares Working Capital Turnover (Quarterly Data)