AT&T Inc (T)
Working capital turnover
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 122,428,000 | 121,749,000 | 121,442,000 | 121,168,000 | 120,741,000 | 120,493,000 | 121,776,000 | 127,873,000 | 134,038,000 | 119,924,000 | 130,938,000 | 136,148,000 | 143,050,000 | 172,890,000 | 175,138,000 | 179,145,000 | 181,193,000 | 182,365,000 | 183,516,000 | 177,545,000 |
Total current assets | US$ in thousands | 36,458,000 | 35,620,000 | 36,672,000 | 29,903,000 | 33,108,000 | 32,295,000 | 34,485,000 | 76,856,000 | 170,768,000 | 57,230,000 | 62,869,000 | 62,754,000 | 52,008,000 | 49,971,000 | 56,555,000 | 52,704,000 | 54,761,000 | 50,695,000 | 47,218,000 | 46,472,000 |
Total current liabilities | US$ in thousands | 51,127,000 | 51,684,000 | 54,159,000 | 58,150,000 | 56,173,000 | 52,257,000 | 49,189,000 | 82,494,000 | 106,230,000 | 81,601,000 | 82,126,000 | 76,608,000 | 63,438,000 | 59,565,000 | 69,469,000 | 69,704,000 | 68,911,000 | 68,126,000 | 66,376,000 | 64,652,000 |
Working capital turnover | — | — | — | — | — | — | — | — | 2.08 | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $122,428,000K ÷ ($36,458,000K – $51,127,000K)
= —
Unfortunately, the provided table does not include data for the working capital turnover ratio for AT&T, Inc. across the mentioned quarters. As a result, a detailed and comprehensive analysis of AT&T's working capital turnover based on the given information is not possible. It would be necessary to obtain the working capital turnover ratio data for the respective quarters in order to conduct a thorough analysis of AT&T's efficiency in utilizing its working capital to generate sales revenue.
Peer comparison
Dec 31, 2023
Company name
Symbol
Working capital turnover
AT&T Inc
T
—
Consolidated Communications
CNSL
—
Frontier Communications Parent Inc
FYBR
11.37
Lumen Technologies Inc
LUMN
11.73
Shenandoah Telecommunications Co
SHEN
3.87
Telephone and Data Systems Inc
TDS
10.84
Verizon Communications Inc
VZ
—