T-Mobile US Inc (TMUS)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 77,477,000 | 78,416,000 | 75,841,000 | 64,173,000 | 42,982,000 |
| Total current assets | US$ in thousands | 19,015,000 | 19,067,000 | 20,891,000 | 23,885,000 | 9,305,000 |
| Total current liabilities | US$ in thousands | 20,928,000 | 24,742,000 | 23,499,000 | 21,703,000 | 12,506,000 |
| Working capital turnover | — | — | — | 29.41 | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $77,477,000K ÷ ($19,015,000K – $20,928,000K)
= —
The working capital turnover ratio for T-Mobile US Inc was not available for the years 2021, 2022, and 2023 based on the provided data. However, for the year ending December 31, 2020, the company's working capital turnover was 31.35. This implies that T-Mobile US Inc generated revenue 31.35 times for every dollar of working capital invested in the business during that period. It indicates the efficiency with which the company utilized its working capital to generate sales. A higher turnover ratio generally suggests that the company is effectively managing its working capital and efficiently using its resources to generate revenue.