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

Company name
Symbol
Working capital turnover
Ryder System Inc
R
Avis Budget Group Inc
CAR
Hertz Global Holdings Inc
HTZ