UnitedHealth Group Incorporated (UNH)
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 | 396,627,000 | 389,068,000 | 381,255,000 | 375,185,000 | 368,331,000 | 357,870,000 | 347,400,000 | 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 |
Total current assets | US$ in thousands | 85,779,000 | 92,258,000 | 92,038,000 | 88,942,000 | 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 |
Total current liabilities | US$ in thousands | 103,769,000 | 101,565,000 | 104,670,000 | 104,431,000 | 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 |
Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $396,627,000K ÷ ($85,779,000K – $103,769,000K)
= —
The working capital turnover ratio for UnitedHealth Group Incorporated could not be calculated as there is a lack of data provided in the financial statement for the relevant periods. The working capital turnover ratio is typically calculated by dividing net sales by average working capital, where working capital is the difference between current assets and current liabilities.
In general, the working capital turnover ratio indicates how efficiently a company is utilizing its working capital to generate sales. A higher ratio suggests that the company is effectively managing its working capital to generate revenue, while a lower ratio may indicate inefficiencies in the management of working capital.
Without specific figures for the data points, it is challenging to provide a detailed analysis of UnitedHealth Group's working capital turnover. Monitoring this ratio over time can help assess the company's liquidity and efficiency in converting working capital into sales. It would be beneficial to track this ratio in future reports to evaluate the company's financial performance in managing its working capital effectively.
Peer comparison
Dec 31, 2024
See also:
UnitedHealth Group Incorporated Working Capital Turnover (Quarterly Data)