Veralto Corporation (VLTO)
Working capital turnover
| Dec 31, 2023 | ||
|---|---|---|
| Revenue | US$ in thousands | 4,946,000 |
| Total current assets | US$ in thousands | 2,073,000 |
| Total current liabilities | US$ in thousands | 1,265,000 |
| Working capital turnover | 6.12 |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,946,000K ÷ ($2,073,000K – $1,265,000K)
= 6.12
Peer comparison
Dec 31, 2023
Company name
Symbol
Working capital turnover
Veralto Corporation
VLTO
6.12
Agilent Technologies Inc
A
2.63
Cohu Inc
COHU
1.17
Itron Inc
ITRI
4.23
Teradyne Inc
TER
1.78