Netflix Inc (NFLX)
Working capital turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 45,723,600 | 43,919,300 | 41,693,200 | 40,173,310 | 39,000,950 | 37,587,270 | 36,304,240 | 34,932,230 | 33,723,290 | 32,742,520 | 32,126,440 | 31,909,280 | 31,615,550 | 31,472,820 | 31,030,700 | 30,402,340 | 29,697,850 | 28,632,970 | 27,585,140 | 26,391,650 |
| Total current assets | US$ in thousands | 13,020,200 | 12,962,900 | 11,993,100 | 11,697,600 | 13,100,400 | 12,129,100 | 9,615,550 | 9,921,310 | 9,918,130 | 10,779,500 | 11,506,300 | 10,482,600 | 9,266,470 | 8,816,900 | 7,840,780 | 8,098,020 | 8,069,820 | 9,415,790 | 9,604,280 | 10,107,500 |
| Total current liabilities | US$ in thousands | 10,980,900 | 9,731,860 | 8,942,340 | 9,718,520 | 10,755,400 | 10,707,100 | 10,140,000 | 9,289,220 | 8,860,660 | 8,338,720 | 8,675,800 | 8,316,070 | 7,930,970 | 7,765,920 | 7,500,020 | 7,739,660 | 8,488,970 | 8,049,250 | 7,832,890 | 7,961,770 |
| Working capital turnover | 22.42 | 13.59 | 13.67 | 20.30 | 16.63 | 26.43 | — | 55.26 | 31.89 | 13.41 | 11.35 | 14.73 | 23.67 | 29.95 | 91.06 | 84.84 | — | 20.95 | 15.57 | 12.30 |
December 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $45,723,600K ÷ ($13,020,200K – $10,980,900K)
= 22.42
Peer comparison
Dec 31, 2025
Company name
Symbol
Working capital turnover
Netflix Inc
NFLX
22.42
Walt Disney Company
DIS
—
Warner Music Group
WMG
—