Monarch Casino & Resort Inc (MCRI)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 521,937 | 501,012 | 476,398 | 395,377 | 184,413 |
| Total current assets | US$ in thousands | 90,422 | 74,966 | 89,429 | 84,064 | 73,156 |
| Total current liabilities | US$ in thousands | 146,463 | 123,367 | 117,744 | 141,178 | 109,444 |
| Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $521,937K ÷ ($90,422K – $146,463K)
= —
The data provided indicates that the working capital turnover for Monarch Casino & Resort Inc is not available for the years December 31, 2020 through December 31, 2024. Working capital turnover is a financial ratio that measures how efficiently a company is using its working capital to generate revenue. Without this data, it is challenging to assess the company's effectiveness in managing its working capital to support its operations and generate sales. It would be beneficial for stakeholders and investors to have access to this information to gain insights into the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024