Verizon Communications Inc (VZ)

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	134,788,000	134,237,000	134,243,000	134,043,000	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
Total current assets	US$ in thousands	40,523,000	40,641,000	38,056,000	37,957,000	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
Total current liabilities	US$ in thousands	64,771,000	61,816,000	60,806,000	53,631,000	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
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	141.27	8.59	53.78	—	—

December 31, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $134,788,000K ÷ ($40,523,000K – $64,771,000K)
= —

The working capital turnover ratio for Verizon Communications Inc reflects the efficiency of the company in utilizing its working capital to generate sales revenue. Looking at the available data points, we observe varying trends in the ratio:

- As of September 30, 2020, the working capital turnover ratio was 53.78, indicating that Verizon efficiently turned over its working capital to generate sales during that period.
- This ratio dropped significantly to 8.59 by December 31, 2020, signaling a potential decline in the efficiency of working capital utilization.
- By March 31, 2021, the ratio spiked to 141.27, suggesting a substantial improvement in working capital efficiency, possibly due to increased sales generation relative to the working capital employed.
- However, data points for subsequent periods are missing, making it challenging to assess the trend and determine if the improved efficiency was sustained or if there were fluctuations in working capital turnover in later periods.

In conclusion, based on the available data, Verizon has shown fluctuations in its working capital turnover ratio, indicating varying levels of efficiency in utilizing working capital to generate revenue. Further data for subsequent periods would be necessary to provide a more consistent trend analysis.