Ryder System Inc (R)
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 | 11,783,000 | 11,848,000 | 11,959,000 | 12,109,000 | 12,011,000 | 11,523,090 | 10,947,140 | 10,295,380 | 9,663,000 | 9,275,750 | 8,967,280 | 8,480,320 | 8,420,010 | 8,483,720 | 8,557,070 | 8,906,780 | 8,925,800 | 8,909,410 | 8,845,160 | 8,690,070 |
| Total current assets | US$ in thousands | 2,265,000 | 2,112,000 | 2,117,000 | 2,260,000 | 2,200,000 | 2,338,690 | 2,417,320 | 2,112,170 | 2,461,000 | 1,839,230 | 1,788,860 | 1,531,650 | 1,595,530 | 2,032,850 | 2,132,710 | 1,856,570 | 1,562,050 | 1,572,140 | 1,571,450 | 1,557,780 |
| Total current liabilities | US$ in thousands | 3,649,000 | 3,987,000 | 3,411,000 | 3,755,000 | 3,316,000 | 3,201,690 | 3,587,820 | 3,555,080 | 3,201,000 | 3,154,630 | 3,056,050 | 2,285,250 | 2,053,150 | 2,518,640 | 2,755,600 | 2,196,400 | 2,625,350 | 2,532,850 | 2,641,150 | 2,754,580 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $11,783,000K ÷ ($2,265,000K – $3,649,000K)
= —
I'm sorry, but I cannot calculate the working capital turnover ratio without the specific financial data, such as current assets, current liabilities, and revenue, for each quarter provided. The formula for working capital turnover ratio is:
Working Capital Turnover = Revenue / Average Working Capital
To compute the average working capital, you would use the formula:
Average Working Capital = (Beginning Working Capital + Ending Working Capital) / 2
Once you provide the necessary financial information from the table for each quarter, I can assist you in calculating and analyzing Ryder System, Inc.'s working capital turnover ratio.
Peer comparison
Dec 31, 2023