Altria Group (MO)
Working capital turnover
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 23,494,000 | 23,635,000 | 23,905,000 | 23,917,000 | 24,038,000 | 24,115,000 | 24,356,000 | 24,734,000 | 24,202,000 | 24,544,000 | 24,837,000 | 24,255,000 | 25,260,000 | 24,963,000 | 24,713,000 | 24,961,000 | 24,121,000 | 24,228,000 | 24,343,000 | 24,163,000 |
| Total current assets | US$ in thousands | 5,585,000 | 3,390,000 | 4,338,000 | 7,152,000 | 7,220,000 | 4,020,000 | 4,086,000 | 6,762,000 | 6,083,000 | 6,020,000 | 4,184,000 | 8,029,000 | 7,117,000 | 6,399,000 | 7,004,000 | 7,935,000 | 4,824,000 | 4,291,000 | 4,483,000 | 6,262,000 |
| Total current liabilities | US$ in thousands | 11,319,000 | 10,381,000 | 11,664,000 | 9,146,000 | 8,616,000 | 8,097,000 | 8,311,000 | 10,928,000 | 8,579,000 | 8,112,000 | 5,783,000 | 10,004,000 | 9,063,000 | 8,290,000 | 9,400,000 | 11,154,000 | 8,174,000 | 7,662,000 | 7,952,000 | 10,119,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $23,494,000K ÷ ($5,585,000K – $11,319,000K)
= —
As the data for working capital turnover for Altria Group Inc. is not available, a detailed analysis cannot be provided at this time. Working capital turnover is a financial ratio that measures a company's efficiency in utilizing its working capital to generate sales revenue. It indicates how many times a company's working capital is used to support the company's sales over a specific period. Without the specific values for working capital turnover, it is not possible to assess Altria Group Inc.'s efficiency in managing its working capital in relation to its sales activity over the specified financial periods. Further data or information will be required to conduct a thorough analysis of Altria Group Inc.'s working capital turnover performance.
Peer comparison
Dec 31, 2023