Ryder System Inc (R)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 12,637,000 | 12,471,000 | 12,227,000 | 11,929,000 | 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 |
| Total current assets | US$ in thousands | 2,463,000 | 2,381,000 | 2,371,000 | 2,406,000 | 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 |
| Total current liabilities | US$ in thousands | 3,271,000 | 3,211,000 | 3,184,000 | 2,918,000 | 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 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $12,637,000K ÷ ($2,463,000K – $3,271,000K)
= —
The working capital turnover ratio for Ryder System Inc for the given periods is not available. A working capital turnover ratio measures how efficiently a company is using its working capital to generate sales revenue. It indicates how many times a company's working capital is utilized in generating sales over a specific period.
Without the specific values for working capital turnover, it is challenging to assess Ryder System Inc's efficiency in utilizing its working capital to support its operations and generate revenue. Companies with a high working capital turnover ratio typically indicate strong operational efficiency and effective management of working capital.
In the absence of the data points for the working capital turnover ratio, a detailed analysis of this key financial ratio's trend, comparison to industry benchmarks, and assessment of the company's working capital management effectiveness cannot be provided.
Peer comparison
Dec 31, 2024