Mondelez International Inc (MDLZ)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 36,016,000 | 31,496,000 | 28,720,000 | 26,581,000 | 25,868,000 |
| Total current assets | US$ in thousands | 11,703,000 | 10,091,000 | 10,342,000 | 9,979,000 | 7,630,000 |
| Total current liabilities | US$ in thousands | 19,013,000 | 16,731,000 | 14,008,000 | 15,159,000 | 15,322,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $36,016,000K ÷ ($11,703,000K – $19,013,000K)
= —
As the data for working capital turnover for Mondelez International Inc. is not provided in the table, it is not possible to calculate or analyze this specific ratio for the years specified. Working capital turnover is typically calculated by dividing total revenue by average working capital.
It would be beneficial to obtain the necessary figures related to working capital and total revenue for each year in order to assess the efficiency of Mondelez International Inc. in utilizing its working capital to generate revenue. This ratio is important as it indicates how well a company is utilizing its working capital to support its sales activity.
Without the specific data, it is difficult to evaluate the trend of working capital turnover for Mondelez International Inc. over the past five years and draw conclusions regarding the company's operational efficiency and liquidity management. For a more comprehensive analysis, further financial data would be required.
Peer comparison
Dec 31, 2023