Roper Technologies Inc. Common Stock (ROP)

Working capital turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	US$ in thousands	6,177,800	5,371,800	4,833,800	4,022,400	4,727,700
Total current assets	US$ in thousands	1,481,400	1,932,400	2,421,100	1,752,300	1,999,500
Total current liabilities	US$ in thousands	2,963,200	2,892,500	3,121,800	2,444,400	2,397,400
Working capital turnover		—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $6,177,800K ÷ ($1,481,400K – $2,963,200K)
= —

To calculate the working capital turnover for Roper Technologies Inc, we would need the figures for working capital for each year, which are not provided in the data table. The working capital turnover ratio is calculated by dividing net sales by average working capital. This ratio helps assess how efficiently a company is using its working capital to generate sales.

Without the specific data for working capital, we are unable to compute the working capital turnover ratio for Roper Technologies Inc for the years 2019 to 2023. Analysis of this ratio would have provided insights into how effectively the company was using its working capital to generate revenue over the years and would have been an important indicator of operational efficiency and liquidity management.