Upbound Group Inc. (UPBD)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,320,560 | 3,992,410 | 4,245,390 | 4,583,450 | 2,814,190 |
| Total current assets | US$ in thousands | 66,382 | 100,103 | 151,129 | 114,738 | 164,888 |
| Total current liabilities | US$ in thousands | 388,462 | 607,430 | 445,168 | 369,899 | 388,116 |
| Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,320,560K ÷ ($66,382K – $388,462K)
= —
The working capital turnover ratio is a measure of how efficiently a company uses its working capital to generate sales revenue. However, based on the provided data, the working capital turnover for Upbound Group Inc. is not available for the years 2020 through 2024.
A lack of information regarding this ratio hinders the ability to assess the effectiveness of the company's management of its current assets and liabilities in supporting its operational activities. It is essential to have this data to evaluate the company's liquidity management and its ability to efficiently convert working capital into sales.
Without the working capital turnover figures, it is challenging to provide a detailed analysis of Upbound Group Inc.'s performance in this aspect. Monitoring this ratio over time can provide valuable insights into the company's working capital efficiency and overall financial health.
Peer comparison
Dec 31, 2024