RXO Inc. (RXO)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Revenue | US$ in thousands | 3,926,000 | 4,796,000 |
| Total current assets | US$ in thousands | 796,000 | 1,029,000 |
| Total current liabilities | US$ in thousands | 682,000 | 823,000 |
| Working capital turnover | 34.44 | 23.28 |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $3,926,000K ÷ ($796,000K – $682,000K)
= 34.44
Peer comparison
Dec 31, 2023
Company name
Symbol
Working capital turnover
RXO Inc.
RXO
34.44
Booking Holdings Inc
BKNG
5.77
Expedia Group Inc.
EXPE
—
GATX Corporation
GATX
2.35
GXO Logistics Inc
GXO
—
Verra Mobility Corp
VRRM
0.46
XPO Logistics Inc
XPO
2,581.33