Light & Wonder Inc (LNW)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,893,000 | 2,549,000 | 2,038,000 | 2,049,000 | 2,286,000 |
| Total current assets | US$ in thousands | 1,183,000 | 1,311,000 | 1,694,000 | 1,732,000 | 2,181,000 |
| Total current liabilities | US$ in thousands | 735,000 | 696,000 | 622,000 | 974,000 | 832,000 |
| Working capital turnover | 6.46 | 4.14 | 1.90 | 2.70 | 1.69 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,893,000K ÷ ($1,183,000K – $735,000K)
= 6.46
The working capital turnover of Light & Wonder Inc has shown a fluctuating trend over the past five years. Starting at 1.69 in December 31, 2020, it increased to 2.70 by December 31, 2021, indicating an improvement in the efficiency of utilizing working capital to generate revenue.
However, in the following year, the working capital turnover decreased to 1.90 by December 31, 2022, suggesting a potential decrease in operational efficiency. This trend reversed dramatically in December 31, 2023, with a significant increase to 4.14, indicating a substantial improvement in utilizing working capital effectively.
The most recent figure, as of December 31, 2024, shows a further increase to 6.46, indicating a notable enhancement in the company's ability to generate revenue relative to its working capital. This suggests an improvement in operational efficiency and potentially more effective management of working capital resources.
Overall, the trend in the working capital turnover of Light & Wonder Inc reflects fluctuations but with an overall positive trajectory towards better efficiency in utilizing working capital to support revenue generation.
Peer comparison
Dec 31, 2024