Live Nation Entertainment Inc (LYV)

Working capital turnover

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Revenue US$ in thousands 22,749,100 16,681,300 6,268,450 1,861,180 11,548,000
Total current assets US$ in thousands 9,577,750 8,159,520 6,684,090 3,649,770 4,192,900
Total current liabilities US$ in thousands 9,959,900 8,303,320 6,855,720 3,796,570 4,107,600
Working capital turnover 135.38

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $22,749,100K ÷ ($9,577,750K – $9,959,900K)
= —

Live Nation Entertainment Inc's working capital turnover ratio for the years 2019 to 2023 is provided in the table. Notably, the working capital turnover ratio for the year 2019 was 135.38. However, the data for the subsequent years (2020, 2021, 2022, and 2023) is not available in the provided table. Consequently, an in-depth analysis of the trend or changes in Live Nation Entertainment Inc's working capital turnover ratio over the specified period is not feasible based on the information provided. To perform a comprehensive analysis and draw meaningful insights, it would be necessary to have the complete data set for all the years in question.


Peer comparison

Dec 31, 2023

Company name
Symbol
Working capital turnover
Live Nation Entertainment Inc
LYV
Six Flags Entertainment Corporation
FUN
TKO Group Holdings Inc.
TKO
82.55
Warner Music Group
WMG