Altria Group (MO)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 20,444,000 | 20,362,000 | 20,295,000 | 20,456,000 | 20,502,000 | 20,561,000 | 20,696,000 | 20,632,000 | 20,688,000 | 20,691,000 | 20,810,000 | 21,050,000 | 21,111,000 | 21,080,000 | 21,227,000 | 20,675,000 | 20,841,000 | 20,588,000 | 20,322,000 | 20,453,000 |
| Total current assets | US$ in thousands | 4,513,000 | 3,499,000 | 3,540,000 | 5,198,000 | 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 |
| Total current liabilities | US$ in thousands | 8,781,000 | 7,996,000 | 7,782,000 | 10,935,000 | 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 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $20,444,000K ÷ ($4,513,000K – $8,781,000K)
= —
The data provided shows that the working capital turnover for Altria Group is not available for the period ranging from March 31, 2020, to December 31, 2024. This means that we do not have specific information on how efficiently the company is utilizing its working capital to generate sales during these periods.
Working capital turnover is a financial ratio that indicates how efficiently a company is using its working capital to support its sales activities. A higher turnover ratio is generally considered positive as it implies that the company is generating more sales revenue for each unit of working capital invested.
Without the specific turnover data, it is challenging to assess the trends in Altria Group's working capital efficiency over time and make comparisons with industry benchmarks or its peers. In such cases, further analysis or additional information would be needed to evaluate the company's liquidity management and operational efficiency effectively.
Peer comparison
Dec 31, 2024