Molson Coors Brewing Co Class B (TAP)
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 | 25,467,000 | 25,112,400 | 24,361,000 | 23,646,400 | 23,380,700 | 23,418,000 | 23,223,500 | 23,303,800 | 20,764,200 | 17,795,400 | 14,915,700 | 11,442,100 | 11,723,800 | 12,037,000 | 12,156,600 | 12,746,800 | 13,009,100 | 12,942,500 | 13,069,600 | 13,270,100 |
| Total current assets | US$ in thousands | 2,848,500 | 3,087,800 | 3,329,200 | 2,551,600 | 2,638,000 | 2,749,400 | 2,871,900 | 2,870,600 | 2,778,700 | 2,919,900 | 3,602,100 | 2,365,900 | 2,418,800 | 2,640,500 | 2,542,700 | 2,372,500 | 2,184,400 | 2,286,900 | 2,600,400 | 2,338,000 |
| Total current liabilities | US$ in thousands | 4,092,600 | 4,237,700 | 3,829,900 | 3,306,200 | 3,375,400 | 3,591,200 | 3,514,300 | 3,555,300 | 3,622,200 | 3,779,800 | 4,891,900 | 3,596,300 | 3,909,600 | 4,310,500 | 3,805,700 | 4,003,400 | 3,695,500 | 3,888,600 | 4,080,300 | 4,202,400 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $25,467,000K ÷ ($2,848,500K – $4,092,600K)
= —
I'm sorry, but without specific values for the working capital turnover for Molson Coors Beverage Company across the quarters provided, it is not possible to conduct a detailed and comprehensive analysis of the metric. The working capital turnover ratio is typically calculated by dividing net sales by average working capital, and it measures a company's efficiency in generating revenue from its working capital. Having values for this ratio for each quarter would allow for a trend analysis and assessment of the company's ability to efficiently utilize its working capital to generate sales. If you could provide the specific values for the working capital turnover ratio for the quarters mentioned, I would be happy to help provide an in-depth analysis.
Peer comparison
Dec 31, 2023