Altria Group (MO)
Working capital turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 20,444,000 | 24,483,000 | 25,096,000 | 26,013,000 | 26,153,000 |
Total current assets | US$ in thousands | 4,513,000 | 5,585,000 | 7,220,000 | 6,083,000 | 7,117,000 |
Total current liabilities | US$ in thousands | 8,781,000 | 11,319,000 | 8,616,000 | 8,579,000 | 9,063,000 |
Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $20,444,000K ÷ ($4,513,000K – $8,781,000K)
= —
The working capital turnover ratio for Altria Group is not available for the years ending December 31, 2020 through December 31, 2024, indicated by "—". This ratio is typically used to assess the efficiency of a company in utilizing its working capital to generate sales revenue. The absence of this data limits our ability to evaluate how effectively Altria Group is managing and utilizing its current assets and liabilities to support its operations. Without this ratio, it is challenging to assess the company's short-term liquidity and operational efficiency based on working capital dynamics.
Peer comparison
Dec 31, 2024