Motorola Solutions Inc (MSI)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,817,000 | 9,978,000 | 9,112,000 | 8,171,000 | 7,414,000 |
| Total current assets | US$ in thousands | 6,479,000 | 5,725,000 | 5,255,000 | 5,412,000 | 4,327,000 |
| Total current liabilities | US$ in thousands | 5,055,000 | 5,736,000 | 4,560,000 | 4,063,000 | 3,489,000 |
| Working capital turnover | 7.60 | — | 13.11 | 6.06 | 8.85 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $10,817,000K ÷ ($6,479,000K – $5,055,000K)
= 7.60
Motorola Solutions Inc's working capital turnover has shown variability over the years based on the provided data.
- In December 31, 2020, the working capital turnover was 8.85, indicating that the company generated $8.85 in revenue for every dollar of working capital invested.
- The ratio decreased to 6.06 by December 31, 2021, suggesting a decline in efficiency in utilizing working capital.
- However, there was a significant improvement in efficiency by December 31, 2022, with the working capital turnover increasing to 13.11, indicating that the company generated $13.11 in revenue for every dollar of working capital investment.
- The data for December 31, 2023 is not available (indicated by "—").
- By December 31, 2024, the working capital turnover decreased to 7.60, showing a slight decrease in efficiency compared to the previous year.
Overall, the trend in working capital turnover for Motorola Solutions Inc has been fluctuating, with ups and downs in efficiency in generating revenue from its working capital investments over the years. It is important for the company to closely monitor and manage its working capital to ensure optimum utilization for future profitability and growth.
Peer comparison
Dec 31, 2024