Telephone and Data Systems Inc (TDS)
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 | 4,964,000 | 5,036,000 | 5,090,000 | 5,119,000 | 5,160,000 | 5,205,000 | 5,319,000 | 5,401,000 | 5,413,000 | 5,428,000 | 5,364,000 | 5,326,000 | 5,329,000 | 5,333,000 | 5,329,000 | 5,281,000 | 5,224,000 | 5,184,000 | 5,181,000 | 5,179,000 |
| Total current assets | US$ in thousands | 33,000 | 1,746,000 | 1,641,000 | 1,628,000 | 1,660,000 | 1,680,000 | 1,746,000 | 1,903,000 | 2,028,000 | 2,086,000 | 2,051,000 | 2,085,000 | 2,044,000 | 2,297,000 | 1,991,000 | 2,642,000 | 3,026,000 | 2,670,000 | 2,086,000 | 1,950,000 |
| Total current liabilities | US$ in thousands | 1,090,000 | 1,098,000 | 1,086,000 | 1,031,000 | 1,184,000 | 1,327,000 | 1,278,000 | 1,225,000 | 1,514,000 | 1,409,000 | 1,234,000 | 1,115,000 | 1,180,000 | 1,288,000 | 986,000 | 963,000 | 1,153,000 | 965,000 | 882,000 | 900,000 |
| Working capital turnover | — | 7.77 | 9.17 | 8.57 | 10.84 | 14.75 | 11.37 | 7.97 | 10.53 | 8.02 | 6.57 | 5.49 | 6.17 | 5.29 | 5.30 | 3.15 | 2.79 | 3.04 | 4.30 | 4.93 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $4,964,000K ÷ ($33,000K – $1,090,000K)
= —
Telephone and Data Systems Inc's working capital turnover ratio has displayed fluctuating trends over the specified time periods. Starting from March 31, 2020, with a ratio of 4.93, it experienced a decline to 2.79 by December 31, 2020. From thereon, the ratio showed some recovery but remained variable until June 30, 2022, ranging between 3.15 and 6.57.
Thereafter, the working capital turnover ratio increased significantly, reaching its highest value of 14.75 on September 30, 2023. This surge was followed by a decrease to 7.77 on September 30, 2024. However, it is noteworthy that the data for December 31, 2024 is unavailable, which may suggest a change in reporting or data availability for that period.
Overall, the working capital turnover ratio for Telephone and Data Systems Inc indicates varying degrees of efficiency in utilizing its working capital to generate revenue. The substantial increase in the ratio during the latter half of the observation period may indicate improved operational efficiency or more effective management of the company's working capital.
Peer comparison
Dec 31, 2024