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