Union Pacific Corporation (UNP)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 23,193,000 | 24,161,000 | 20,745,000 | 19,533,000 | 21,708,000 |
| Total current assets | US$ in thousands | 4,148,000 | 3,952,000 | 3,551,000 | 4,214,000 | 3,459,000 |
| Total current liabilities | US$ in thousands | 5,106,000 | 5,520,000 | 5,744,000 | 4,173,000 | 4,351,000 |
| Working capital turnover | — | — | — | 476.41 | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $23,193,000K ÷ ($4,148,000K – $5,106,000K)
= —
The working capital turnover ratio for Union Pacific Corp. in 2020 was notably high at 476.41, indicating that the company efficiently utilizes its working capital to generate sales revenue during the year. However, without data for the other years, it is difficult to assess the trend and make a comparative analysis. It would be useful to have data for more years to better understand the company's working capital management efficiency over time.
Peer comparison
Dec 31, 2023
Company name
Symbol
Working capital turnover
Union Pacific Corporation
UNP
—
CSX Corporation
CSX
86.76
Norfolk Southern Corporation
NSC
17.89