Sabre Corpo (SABR)

Working capital turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 3,029,560 2,907,740 2,537,020 1,688,880 1,334,100
Total current assets US$ in thousands 1,163,220 1,158,590 1,361,490 1,402,270 1,888,100
Total current liabilities US$ in thousands 1,141,780 914,713 815,571 716,505 621,943
Working capital turnover 141.30 11.92 4.65 2.46 1.05

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $3,029,560K ÷ ($1,163,220K – $1,141,780K)
= 141.30

The working capital turnover of Sabre Corpo has shown a significant increase over the years, indicating an improvement in its operational efficiency and liquidity management.

From a ratio of 1.05 in December 31, 2020, the company's working capital turnover has steadily risen to 2.46 in December 31, 2021, 4.65 in December 31, 2022, 11.92 in December 31, 2023, and a notably high level of 141.30 in December 31, 2024.

This escalating trend suggests that Sabre Corpo has been able to utilize its working capital more efficiently to generate revenue, indicating strong sales performance and effective management of its current assets and liabilities. It also reflects a potential increase in the frequency of inventory turnover and accounts receivable collection, allowing the company to operate more effectively with less tied-up capital.

Overall, the rising working capital turnover demonstrates Sabre Corpo's ability to effectively deploy its current assets to support its ongoing operations and generate revenue, showcasing an improvement in its liquidity position and operational efficiency over the analyzed period.