Upbound Group Inc. (UPBD)
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 | 4,320,570 | 4,259,430 | 4,169,668 | 4,072,321 | 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 |
| Total current assets | US$ in thousands | 66,382 | 90,626 | 87,970 | 90,696 | 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 |
| Total current liabilities | US$ in thousands | 388,462 | 406,790 | 382,112 | 428,161 | 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 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $4,320,570K ÷ ($66,382K – $388,462K)
= —
The working capital turnover ratio for Upbound Group Inc. is not provided in the data provided. The absence of data for this ratio across multiple periods prevents us from analyzing the efficiency of the company's working capital management in generating sales.
The working capital turnover ratio is typically calculated by dividing net sales by the average working capital during a specific period. It provides insights into how efficiently a company is utilizing its working capital to generate revenue. A higher ratio indicates better utilization of working capital, while a lower ratio may suggest inefficiency or excess working capital tied up in operations.
Without the specific data points required to calculate the working capital turnover ratio for Upbound Group Inc., it is challenging to assess the effectiveness of the company's working capital management over time. This ratio is essential for understanding how effectively the company is converting its working capital into sales revenue and can be a key indicator of operational efficiency and financial health.
Peer comparison
Dec 31, 2024