T-Mobile US Inc (TMUS)
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 | 80,753,000 | 79,391,000 | 78,415,000 | 77,825,000 | 77,918,000 | 77,735,000 | 77,992,000 | 78,482,000 | 78,966,000 | 78,661,000 | 77,903,000 | 77,244,000 | 76,018,000 | 76,693,000 | 76,235,000 | 73,752,000 | 65,682,000 | 57,219,000 | 49,869,000 | 44,117,000 |
| Total current assets | US$ in thousands | 18,404,000 | 22,531,000 | 19,297,000 | 19,295,000 | 19,015,000 | 18,669,000 | 20,237,000 | 18,876,000 | 19,067,000 | 21,427,000 | 17,476,000 | 17,455,000 | 20,891,000 | 16,772,000 | 20,570,000 | 18,779,000 | 23,885,000 | 19,465,000 | 24,321,000 | 9,487,000 |
| Total current liabilities | US$ in thousands | 20,174,000 | 20,955,000 | 23,038,000 | 20,563,000 | 20,928,000 | 21,711,000 | 24,569,000 | 23,846,000 | 24,742,000 | 26,362,000 | 20,622,000 | 21,423,000 | 23,499,000 | 19,247,000 | 21,837,000 | 19,495,000 | 21,703,000 | 19,840,000 | 23,191,000 | 14,756,000 |
| Working capital turnover | — | 50.38 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 30.10 | — | 44.13 | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $80,753,000K ÷ ($18,404,000K – $20,174,000K)
= —
The working capital turnover ratio for T-Mobile US Inc has shown fluctuations over the periods reported. As of June 30, 2020, the ratio stood at 44.13, indicating that the company generated $44.13 in revenue for every dollar of working capital invested during that period.
For December 31, 2020, the working capital turnover ratio decreased to 30.10, suggesting a decrease in efficiency in utilizing working capital to generate revenue compared to the previous period.
Subsequently, as of September 30, 2024, the working capital turnover ratio improved significantly to 50.38, indicating that the company effectively generated $50.38 in revenue for every dollar of working capital invested during that period.
The inconsistent trend in the working capital turnover ratio could imply variations in the company's management of working capital and its ability to efficiently convert working capital into revenue. Further analysis and comparison with industry benchmarks would provide a more comprehensive understanding of T-Mobile US Inc's working capital efficiency.