Sensata Technologies Holding NV (ST)
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 | 3,933,732 | 4,018,536 | 4,036,804 | 4,062,614 | 4,054,079 | 4,076,265 | 4,093,235 | 4,051,675 | 4,029,270 | 3,949,187 | 3,881,938 | 3,854,048 | 3,820,806 | 3,792,700 | 3,629,992 | 3,213,837 | 3,045,578 | 2,985,778 | 3,047,180 | 3,354,401 |
| Total current assets | US$ in thousands | 2,027,240 | 2,095,310 | 2,699,600 | 2,098,520 | 2,102,400 | 2,493,160 | 2,476,630 | 2,640,200 | 2,775,040 | 2,700,200 | 3,119,730 | 3,090,100 | 3,076,990 | 3,302,660 | 3,177,130 | 3,106,120 | 2,979,970 | 2,713,880 | 2,279,160 | 1,969,550 |
| Total current liabilities | US$ in thousands | 711,358 | 806,882 | 1,521,460 | 793,969 | 823,718 | 872,673 | 880,898 | 1,109,470 | 1,178,970 | 905,974 | 887,129 | 840,045 | 836,259 | 829,820 | 836,932 | 773,521 | 745,157 | 626,415 | 926,559 | 621,061 |
| Working capital turnover | 2.99 | 3.12 | 3.43 | 3.11 | 3.17 | 2.52 | 2.57 | 2.65 | 2.52 | 2.20 | 1.74 | 1.71 | 1.71 | 1.53 | 1.55 | 1.38 | 1.36 | 1.43 | 2.25 | 2.49 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,933,732K ÷ ($2,027,240K – $711,358K)
= 2.99
The working capital turnover ratio for Sensata Technologies Holding NV has fluctuated over the past few years, reflecting changes in the efficiency of the company's working capital management. The ratio indicates how well the company is utilizing its working capital to generate sales revenue.
From March 31, 2020, to June 30, 2022, the working capital turnover increased steadily from 2.49 to 1.74, indicating an improvement in the efficiency of working capital management. However, there was a slight drop to 1.53 by September 30, 2022.
Subsequently, from December 31, 2022, to June 30, 2024, the ratio showed an increasing trend, reaching its peak at 3.43 on June 30, 2024, suggesting more effective utilization of working capital to generate sales. The ratio then decreased to 2.99 by December 31, 2024.
Overall, the working capital turnover ratio for Sensata Technologies Holding NV has shown fluctuations over the years, but the general trend has been positive, indicating an improvement in the efficiency of the company's working capital management in generating sales revenue.
Peer comparison
Dec 31, 2024