Philip Morris International Inc (PM)
Working capital turnover
| 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 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 53,999,000 | 74,368,000 | 95,357,000 | 115,671,000 | 115,302,000 | 116,067,000 | 116,655,000 | 116,360,000 | 116,285,000 | 94,126,000 | 92,269,000 | 88,660,000 | 87,178,000 | 87,447,000 | 87,638,000 | 90,928,000 | 89,750,000 | 89,536,000 | 88,543,000 | 88,831,000 |
| Total current assets | US$ in thousands | 19,755,000 | 19,193,000 | 19,836,000 | 19,571,000 | 19,619,000 | 19,035,000 | 18,376,000 | 18,724,000 | 17,717,000 | 17,846,000 | 18,743,000 | 17,910,000 | 21,492,000 | 17,453,000 | 17,776,000 | 16,861,000 | 20,514,000 | 19,575,000 | 17,163,000 | 15,741,000 |
| Total current liabilities | US$ in thousands | 26,383,000 | 21,547,000 | 23,245,000 | 22,985,000 | 27,336,000 | 20,772,000 | 20,547,000 | 20,417,000 | 19,255,000 | 17,877,000 | 15,884,000 | 15,215,000 | 19,615,000 | 15,525,000 | 15,792,000 | 16,584,000 | 18,833,000 | 18,045,000 | 18,046,000 | 18,486,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | 32.27 | 32.90 | 46.45 | 45.36 | 44.17 | 328.26 | 53.39 | 58.52 | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $53,999,000K ÷ ($19,755,000K – $26,383,000K)
= —
I'm sorry, but without the specific numerical values for the working capital turnover for Philip Morris International Inc over the mentioned periods, I am unable to provide a detailed analysis. Working capital turnover is calculated by dividing a company's net sales by its average working capital. This ratio indicates how efficiently a company is using its working capital to generate sales.
If you can provide the numerical values for the working capital turnover for each period listed in the table, I would be happy to assist you in analyzing the trend and performance of Philip Morris International Inc in terms of working capital efficiency.
Peer comparison
Dec 31, 2023
See also:
Philip Morris International Inc Working Capital Turnover (Quarterly Data)