Madison Square Garden Sports Corp (MSGS)
Working capital turnover
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,027,150 | 864,563 | 988,315 | 552,189 | 737,739 |
| Total current assets | US$ in thousands | 216,942 | 149,233 | 205,269 | 185,246 | 128,278 |
| Total current liabilities | US$ in thousands | 521,982 | 520,528 | 438,299 | 368,278 | 290,254 |
| Working capital turnover | — | — | — | — | — |
June 30, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,027,150K ÷ ($216,942K – $521,982K)
= —
To calculate Madison Square Garden Sports Corp's working capital turnover ratio, we need the formula: Working Capital Turnover = Net Sales / Average Working Capital. However, since the data for working capital is not provided in the table, we are unable to calculate the ratio. Working capital turnover is a measure of how efficiently a company is using its working capital to generate revenue. A higher ratio indicates better efficiency in this regard, while a lower ratio suggests inefficiencies in managing working capital. Without the specific figures, we cannot provide a detailed analysis of Madison Square Garden Sports Corp's working capital turnover for the years indicated.
Peer comparison
Jun 30, 2024