R1 RCM Inc (RCM)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Revenue | US$ in thousands | 2,249,600 | 1,808,000 |
| Total current assets | US$ in thousands | 633,300 | 564,500 |
| Total current liabilities | US$ in thousands | 346,200 | 349,700 |
| Working capital turnover | 7.84 | 8.42 |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,249,600K ÷ ($633,300K – $346,200K)
= 7.84
Peer comparison
Dec 31, 2023
Company name
Symbol
Working capital turnover
R1 RCM Inc
RCM
7.84
Gartner Inc
IT
—
Premier Inc
PINC
926.61