Omnicom Group Inc (OMC)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,689,100 | 14,692,200 | 14,289,100 | 14,289,400 | 13,171,100 |
| Total current assets | US$ in thousands | 16,223,000 | 15,384,200 | 14,613,000 | 15,909,500 | 15,590,100 |
| Total current liabilities | US$ in thousands | 16,300,300 | 16,246,000 | 15,052,800 | 16,226,200 | 15,525,100 |
| Working capital turnover | — | — | — | — | 202.63 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $15,689,100K ÷ ($16,223,000K – $16,300,300K)
= —
The working capital turnover ratio is an efficiency ratio that measures how effectively a company utilizes its working capital to generate sales. In the case of Omnicom Group Inc, the working capital turnover ratio for December 31, 2020, was 202.63. This indicates that for every dollar of working capital invested, the company generated $202.63 in sales during that period.
However, the lack of data for subsequent years (December 31, 2021, 2022, 2023, and 2024) limits our ability to analyze the trend and any potential changes in the efficiency of Omnicom Group Inc in managing its working capital. It is important for investors and stakeholders to closely monitor the company's working capital turnover over time to assess its operational efficiency and financial health.
Peer comparison
Dec 31, 2024