Take-Two Interactive Software Inc (TTWO)

Working capital turnover

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	US$ in thousands	5,633,600	5,349,600	5,349,900	3,504,800	3,372,770
Total current assets	US$ in thousands	2,815,900	2,259,700	2,508,100	3,871,100	4,220,520
Total current liabilities	US$ in thousands	3,615,800	2,406,400	3,851,600	2,104,960	2,234,720
Working capital turnover		—	—	—	1.98	1.70

March 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,633,600K ÷ ($2,815,900K – $3,615,800K)
= —

The working capital turnover ratio for Take-Two Interactive Software Inc has shown an increasing trend over the past few years. As of March 31, 2021, the ratio stood at 1.70, indicating that the company generated $1.70 in revenue for every dollar of working capital invested. By March 31, 2022, the ratio improved to 1.98, suggesting more efficient utilization of working capital to generate sales.

However, the lack of data for the subsequent years (March 31, 2023, 2024, and 2025) makes it challenging to assess the ongoing performance of the working capital turnover ratio. It is crucial for Take-Two Interactive to maintain or further improve this ratio to effectively manage its working capital resources and drive revenue generation in the future.