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

See also:

Netflix Inc Working Capital Turnover (Quarterly Data)