Roper Technologies, Inc. (ROP)

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	7,039,200	6,775,600	6,574,400	6,388,800	6,177,800	5,995,200	5,782,100	5,561,700	5,371,800	5,197,500	5,079,300	4,958,300	4,934,900	4,624,600	4,590,700	4,634,700	4,659,700	4,756,100	4,912,400	5,008,900
Total current assets	US$ in thousands	1,542,700	1,592,300	1,490,200	1,425,700	1,481,400	1,504,500	2,606,100	2,232,200	1,932,400	3,991,400	4,992,000	4,485,600	2,421,100	2,375,200	1,796,700	1,739,400	1,752,300	1,706,200	3,179,200	2,273,400
Total current liabilities	US$ in thousands	3,832,200	3,289,700	2,807,800	2,909,500	2,963,200	2,812,700	2,763,900	2,775,400	2,892,500	2,840,400	3,166,100	3,501,800	3,121,800	2,861,100	2,503,100	2,462,900	2,444,400	2,339,900	2,498,600	2,366,100
Working capital turnover		—	—	—	—	—	—	—	—	—	4.52	2.78	5.04	—	—	—	—	—	—	7.22	—

December 31, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $7,039,200K ÷ ($1,542,700K – $3,832,200K)
= —

The working capital turnover ratio is a measure of how efficiently a company is using its working capital to generate revenue. A higher ratio indicates better efficiency in utilizing working capital.

Based on the data provided for Roper Technologies, Inc.:
- The working capital turnover ratio was not calculable for March 31, 2020, and for subsequent dates until June 30, 2020.
- The ratio for June 30, 2020, stood at 7.22, indicating that the company generated $7.22 in revenue for every dollar of working capital invested.
- The ratio fluctuates in the following quarters, with a significant decrease to 2.78 on June 30, 2022, and subsequent increases to 4.52 on September 30, 2022, and 5.04 on March 31, 2022.
- No values are provided for the working capital turnover ratio for the quarters beyond March 31, 2024.

Overall, the working capital turnover ratio for Roper Technologies, Inc. shows variability over the periods mentioned, with some quarters demonstrating strong efficiency in utilizing working capital to generate revenue, while others showing a decline. It would be necessary to consider additional financial data and trends to assess the company's overall working capital management performance effectively.