Upbound Group Inc. (UPBD)
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 | 3,992,411 | 3,964,780 | 4,009,642 | 4,101,739 | 4,245,399 | 4,426,370 | 4,583,680 | 4,706,400 | 4,583,460 | 4,128,521 | 3,659,266 | 3,149,032 | 2,814,191 | 2,765,562 | 2,702,918 | 2,675,097 | 2,669,852 | 2,663,740 | 2,659,311 | 2,659,116 |
| Total current assets | US$ in thousands | 100,103 | 111,263 | 91,887 | 177,803 | 151,129 | 172,569 | 118,169 | 101,093 | 114,738 | 165,964 | 150,898 | 128,745 | 164,888 | 231,685 | 210,743 | 188,111 | 75,372 | 73,682 | 357,013 | 241,406 |
| Total current liabilities | US$ in thousands | 613,804 | 431,976 | 411,337 | 438,330 | 445,168 | 448,141 | 438,787 | 454,575 | 369,899 | 510,805 | 540,737 | 561,198 | 388,116 | 482,223 | 451,835 | 336,032 | 343,050 | 406,839 | 410,071 | 445,564 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,992,411K ÷ ($100,103K – $613,804K)
= —
The working capital turnover ratio for Upbound Group Inc. is not available in the provided data. In general, the working capital turnover ratio measures how efficiently a company is utilizing its working capital to generate sales. A high working capital turnover ratio indicates that the company is efficiently using its current assets to support sales, while a low ratio may suggest that the company is not effectively managing its working capital. It is a key indicator of liquidity and operational efficiency. Without the specific ratio values, a detailed analysis of Upbound Group Inc.'s performance in terms of working capital turnover cannot be provided at this time.
Peer comparison
Dec 31, 2023