Union Pacific Corporation (UNP)
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 | 24,513,000 | 24,228,000 | 23,764,000 | 23,393,000 | 23,193,000 | 23,381,000 | 24,038,000 | 24,298,000 | 23,955,000 | 22,534,000 | 21,746,000 | 21,297,000 | 20,745,000 | 21,212,000 | 20,565,000 | 19,305,000 | 19,533,000 | 19,604,000 | 20,201,000 | 21,553,000 |
| Total current assets | US$ in thousands | 4,021,000 | 4,149,000 | 4,498,000 | 4,194,000 | 4,148,000 | 3,813,000 | 3,752,000 | 4,058,000 | 3,952,000 | 4,405,000 | 3,976,000 | 3,876,000 | 3,551,000 | 3,810,000 | 3,764,000 | 3,719,000 | 4,214,000 | 5,130,000 | 5,083,000 | 3,804,000 |
| Total current liabilities | US$ in thousands | 5,254,000 | 5,366,000 | 4,287,000 | 4,534,000 | 5,106,000 | 5,304,000 | 5,249,000 | 6,209,000 | 5,520,000 | 5,712,000 | 6,002,000 | 5,462,000 | 5,744,000 | 5,111,000 | 4,357,000 | 4,871,000 | 4,173,000 | 4,841,000 | 5,279,000 | 4,641,000 |
| Working capital turnover | — | — | 112.63 | — | — | — | — | — | — | — | — | — | — | — | — | — | 476.41 | 67.83 | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $24,513,000K ÷ ($4,021,000K – $5,254,000K)
= —
The working capital turnover ratio for Union Pacific Corporation shows fluctuations over the years, indicating changes in how efficiently the company is utilizing its working capital to generate revenue.
For the periods provided, the data shows that there was no specific information available for the ratio in the first quarter of 2020, as well as for most of the subsequent quarters up to the fourth quarter of 2024.
In the available data, the working capital turnover ratio was notably high at 476.41 for the fourth quarter of 2020, indicating that Union Pacific Corporation was able to generate a significant amount of revenue relative to its working capital investment during that period. This could be a result of effective management of working capital and efficient operations.
The ratio then dropped to 112.63 in the second quarter of 2024, which is lower than the peak in 2020. This decrease could suggest a potential decrease in revenue relative to working capital investment or changes in the company's operating efficiency.
Overall, the fluctuations in the working capital turnover ratio for Union Pacific Corporation suggest variations in the company's ability to efficiently utilize its working capital to support revenue generation over the periods provided. It would be essential for the company to closely monitor and manage its working capital to ensure optimal utilization and sustainable operational performance.
Peer comparison
Dec 31, 2024
See also:
Union Pacific Corporation Working Capital Turnover (Quarterly Data)