Sabre Corpo (SABR)
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 | ||
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Revenue (ttm) | US$ in thousands | 3,029,565 | 3,001,894 | 2,977,641 | 2,947,929 | 2,907,738 | 2,851,864 | 2,774,797 | 2,694,800 | 2,537,015 | 2,406,473 | 2,184,165 | 1,946,301 | 1,688,875 | 1,501,952 | 1,339,231 | 1,002,607 | 1,334,100 | 1,961,808 | 2,667,642 | 3,584,608 |
Total current assets | US$ in thousands | 1,163,220 | 1,196,020 | 1,166,420 | 1,226,810 | 1,158,590 | 1,195,830 | 1,345,760 | 1,442,380 | 1,361,490 | 1,392,660 | 1,586,380 | 1,678,420 | 1,402,270 | 1,512,280 | 1,599,230 | 1,732,840 | 1,888,100 | 2,088,250 | 1,736,460 | 1,195,620 |
Total current liabilities | US$ in thousands | 1,141,780 | 1,173,140 | 1,085,880 | 892,740 | 914,713 | 907,757 | 899,311 | 863,656 | 815,571 | 737,648 | 745,489 | 694,529 | 716,505 | 681,419 | 659,786 | 641,974 | 621,943 | 688,716 | 764,411 | 968,329 |
Working capital turnover | 141.30 | 131.20 | 36.97 | 8.82 | 11.92 | 9.90 | 6.22 | 4.66 | 4.65 | 3.67 | 2.60 | 1.98 | 2.46 | 1.81 | 1.43 | 0.92 | 1.05 | 1.40 | 2.74 | 15.77 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,029,565K ÷ ($1,163,220K – $1,141,780K)
= 141.30
Working capital turnover is a financial ratio that indicates how efficiently a company is utilizing its working capital to generate sales. It is calculated by dividing net sales by average working capital.
Analyzing the working capital turnover of Sabre Corpo reveals a fluctuating trend over the periods provided. The ratio started high at 15.77 on March 31, 2020, indicating that the company was effectively using its working capital to generate sales. However, there was a significant drop in the ratio to 1.05 by December 31, 2020, suggesting a less efficient utilization of working capital.
Subsequently, there were fluctuations in the ratio over the following quarters but generally remained low until the end of June 2022. A notable increase appeared in the ratio for the next few quarters, reaching a peak of 141.30 by December 31, 2024. This surge in the ratio indicates a significant improvement in the efficiency of working capital utilization during this period.
Overall, the trend in Sabre Corpo's working capital turnover depicts varying levels of efficiency in managing working capital to generate sales, with periods of both high and low performance. Investors and stakeholders should closely monitor this ratio to assess the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2024