Live Nation Entertainment Inc (LYV)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 23,155,600 | 22,749,100 | 16,681,300 | 6,268,450 | 1,861,180 |
| Total current assets | US$ in thousands | 9,290,140 | 9,577,750 | 8,159,520 | 6,684,090 | 3,649,770 |
| Total current liabilities | US$ in thousands | 9,358,280 | 9,959,900 | 8,303,320 | 6,855,720 | 3,796,570 |
| Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $23,155,600K ÷ ($9,290,140K – $9,358,280K)
= —
Based on the provided data, it appears that the working capital turnover for Live Nation Entertainment Inc for the years ranging from December 31, 2020, to December 31, 2024, is not available or has not been disclosed. The working capital turnover ratio is a measure of how efficiently a company is utilizing its working capital to generate sales revenue over a specific period.
Without specific numerical values for the working capital turnover, it is challenging to assess the company's ability to efficiently manage its working capital to support its operations and sales. A higher working capital turnover ratio generally indicates that the company is effectively using its working capital to generate sales, while a lower ratio may suggest inefficiencies or possible liquidity issues.
In order to provide a more in-depth analysis of Live Nation Entertainment Inc's working capital turnover, additional financial data or ratios for the relevant periods would be necessary.
Peer comparison
Dec 31, 2024