Veralto Corporation (VLTO)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,106,000 | 5,008,000 | 4,944,000 |
| Total current assets | US$ in thousands | 2,387,000 | 2,617,000 | 2,333,000 |
| Total current liabilities | US$ in thousands | 1,245,000 | 1,226,000 | 1,190,000 |
| Working capital turnover | 4.47 | 3.60 | 4.33 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $5,106,000K ÷ ($2,387,000K – $1,245,000K)
= 4.47
The working capital turnover ratio of Veralto Corporation has shown fluctuations over the fiscal year ending December 31, 2024. The ratio was 4.33 as of June 30, 2024, decreased to 3.60 by September 30, 2024, and then increased to 4.47 by December 31, 2024. This indicates that the company's ability to generate revenue from its working capital improved in the latter part of the year. A higher working capital turnover ratio suggests that the company is efficiently utilizing its working capital to support sales and operations. Veralto Corporation's management should continue to monitor and manage working capital effectively to sustain and build upon this positive trend in the future.
Peer comparison
Dec 31, 2024