Verizon Communications Inc (VZ)

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	133,974,000	134,095,000	135,000,000	136,193,000	136,835,000	135,651,000	134,325,000	134,300,000	133,613,000	134,238,000	132,866,000	129,549,000	128,292,000	128,375,000	129,726,000	131,350,000	131,868,000	131,374,000	131,087,000	131,219,000
Total current assets	US$ in thousands	36,814,000	38,119,000	37,388,000	35,722,000	37,857,000	39,746,000	37,499,000	35,580,000	36,728,000	40,277,000	35,626,000	39,647,000	54,594,000	38,572,000	37,333,000	40,705,000	37,473,000	34,895,000	33,308,000	33,397,000
Total current liabilities	US$ in thousands	53,223,000	55,677,000	51,404,000	47,768,000	50,171,000	53,141,000	49,224,000	46,585,000	47,160,000	41,358,000	40,078,000	38,730,000	39,660,000	36,185,000	38,886,000	41,057,000	44,868,000	39,209,000	38,214,000	38,607,000
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	141.27	8.59	53.78	—	—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $133,974,000K ÷ ($36,814,000K – $53,223,000K)
= —

I'm sorry, but it seems that the provided table lacks the necessary data to calculate the working capital turnover ratio for Verizon Communications Inc across the specified quarters. In order to conduct a detailed analysis of the working capital turnover, we would need the values of working capital and net sales for each quarter. Without this data, it is not possible to determine the efficiency of Verizon's working capital management in generating sales revenue. It is advisable to revisit the financial statements and provide the required information for a more in-depth analysis.