Las Vegas Sands Corp (LVS)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,298,000 | 10,372,000 | 4,110,000 | 4,234,000 | 2,940,000 |
| Total current assets | US$ in thousands | 4,290,000 | 5,777,000 | 6,744,000 | 5,510,000 | 5,707,000 |
| Total current liabilities | US$ in thousands | 5,801,000 | 4,422,000 | 3,902,000 | 2,565,000 | 2,816,000 |
| Working capital turnover | — | 7.65 | 1.45 | 1.44 | 1.02 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $11,298,000K ÷ ($4,290,000K – $5,801,000K)
= —
Las Vegas Sands Corp's working capital turnover has exhibited a fluctuating trend over the years. The ratio increased from 1.02 in December 31, 2020, to 1.44 in December 31, 2021, and further to 1.45 in December 31, 2022, depicting an improving efficiency in utilizing its working capital. However, there was a significant surge in the ratio to 7.65 by December 31, 2023, signaling a notable enhancement in the company's ability to generate revenue from its working capital. It is important to note that there is no data available for December 31, 2024. Overall, the increasing trend in the working capital turnover ratio suggests that Las Vegas Sands Corp has been effectively managing its working capital to support its operations and generate sales revenue.
Peer comparison
Dec 31, 2024