Verisk Analytics Inc (VRSK)

Working capital turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 735,600 2,681,400 2,497,000 2,998,600 2,784,600
Total current assets US$ in thousands 911,600 810,100 925,100 902,600 794,200
Total current liabilities US$ in thousands 1,238,900 771,400 2,319,200 1,843,200 1,430,800
Working capital turnover — 69.29 — — —

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $735,600K ÷ ($911,600K – $1,238,900K)
= —

The working capital turnover ratio measures how effectively Verisk Analytics Inc is utilizing its working capital to generate revenue. Looking at the data provided, it appears that the company did not provide specific working capital turnover figures for December 31, 2020, 2021, and 2022, as denoted by "—". However, for December 31, 2023, the working capital turnover ratio stood at 69.29, indicating that for that period, Verisk Analytics generated $69.29 in revenue for every dollar of working capital invested.

It is noteworthy that having missing data for certain years limits the ability to track the trend and make detailed comparisons over time. Ideally, a consistent and increasing working capital turnover figure suggests efficient management of working capital in driving revenue growth. The absence of data for some years makes it challenging to assess the overall performance and trend of the working capital turnover ratio over multiple periods accurately.