UnitedHealth Group Incorporated (UNH)
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 | 371,622,000 | 359,982,000 | 348,515,000 | 335,944,000 | 324,162,000 | 315,118,000 | 306,561,000 | 297,550,000 | 287,597,000 | 279,321,000 | 272,099,000 | 262,916,000 | 257,141,000 | 252,575,000 | 247,811,000 | 246,268,000 | 242,155,000 | 239,671,000 | 235,876,000 | 231,367,000 |
Total current assets | US$ in thousands | 78,437,000 | 91,905,000 | 89,869,000 | 93,895,000 | 69,069,000 | 82,937,000 | 68,356,000 | 69,029,000 | 61,758,000 | 61,610,000 | 58,916,000 | 59,508,000 | 53,718,000 | 54,821,000 | 58,918,000 | 58,807,000 | 42,634,000 | 43,541,000 | 42,038,000 | 42,815,000 |
Total current liabilities | US$ in thousands | 99,054,000 | 114,179,000 | 112,981,000 | 116,482,000 | 89,237,000 | 100,935,000 | 88,698,000 | 88,170,000 | 78,292,000 | 79,575,000 | 76,557,000 | 80,641,000 | 72,420,000 | 66,597,000 | 69,883,000 | 78,606,000 | 61,782,000 | 62,641,000 | 62,328,000 | 58,933,000 |
Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $371,622,000K ÷ ($78,437,000K – $99,054,000K)
= —
As the data for UnitedHealth Group Inc's working capital turnover is not provided in the table, we are unable to calculate or analyze this ratio for the specified quarters. Working capital turnover is calculated by dividing revenue by average working capital, and it provides insight into how efficiently a company is utilizing its working capital to generate sales revenue. For a more in-depth analysis, further financial data is required to compute this ratio and evaluate the company's operational efficiency in managing its working capital across the specified periods.
Peer comparison
Dec 31, 2023
See also:
UnitedHealth Group Incorporated Working Capital Turnover (Quarterly Data)