Ryder System Inc (R)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 12,636,000 | 11,783,000 | 12,011,000 | 9,663,000 | 8,420,000 |
| Total current assets | US$ in thousands | 2,463,000 | 2,265,000 | 2,200,000 | 2,461,000 | 1,595,530 |
| Total current liabilities | US$ in thousands | 3,271,000 | 3,649,000 | 3,316,000 | 3,201,000 | 2,053,150 |
| Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $12,636,000K ÷ ($2,463,000K – $3,271,000K)
= —
The working capital turnover ratio for Ryder System Inc is not available for the years spanning from December 31, 2020, to December 31, 2024, as indicated by the data provided. This ratio is typically used to assess a company's efficiency in utilizing its working capital to generate sales. Without this specific ratio, it is challenging to evaluate how effectively Ryder System Inc is managing its working capital to support its operations and revenue generation during this period. It is advisable to seek further financial information or additional context to gain a deeper understanding of the company's working capital turnover performance.
Peer comparison
Dec 31, 2024