Warner Bros Discovery Inc (WBD)

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	39,321,000	39,577,000	39,933,000	40,580,000	41,326,000	42,045,000	41,889,000	41,358,000	33,817,000	25,996,000	19,323,000	12,558,000	12,191,000	11,890,000	11,301,000	10,780,000	10,671,000	10,659,000	10,776,000	11,120,000
Total current assets	US$ in thousands	14,078,000	12,505,000	13,430,000	13,902,000	14,218,000	12,831,000	13,773,000	13,727,000	13,999,000	12,672,000	15,449,000	7,173,000	7,264,000	6,656,000	6,728,000	5,865,000	6,130,000	5,478,000	4,717,000	4,626,000
Total current liabilities	US$ in thousands	15,810,000	15,695,000	17,768,000	16,956,000	15,332,000	14,588,000	16,906,000	16,380,000	15,017,000	14,676,000	14,436,000	3,562,000	3,459,000	3,335,000	3,565,000	3,142,000	3,082,000	2,756,000	2,576,000	2,875,000
Working capital turnover		—	—	—	—	—	—	—	—	—	—	19.08	3.48	3.20	3.58	3.57	3.96	3.50	3.92	5.03	6.35

December 31, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $39,321,000K ÷ ($14,078,000K – $15,810,000K)
= —

The working capital turnover ratio measures how efficiently a company is utilizing its working capital to generate sales revenue. A higher ratio indicates better efficiency in managing working capital.

Analyzing Warner Bros Discovery Inc's working capital turnover over the past few periods, we can observe a fluctuating trend. The ratio decreased from 6.35 in March 2020 to 3.20 in December 2021, indicating a decline in the efficiency of working capital utilization during this period.

However, there was a notable spike in the working capital turnover ratio to 19.08 in June 2022, suggesting a significant improvement in efficiency during that quarter. This abrupt increase could be due to various factors such as changes in business operations, a decrease in working capital requirements, or an increase in sales turnover.

For the subsequent periods, the working capital turnover remains at \u2014, indicating a lack of available data for analysis. It is important to note that a steady or increasing trend in the working capital turnover ratio is generally favorable, as it signifies effective management of working capital to support sales activities.

In conclusion, Warner Bros Discovery Inc's working capital turnover ratio has shown fluctuations over the periods analyzed, with a substantial improvement in June 2022. Further monitoring and analysis of future data points will be necessary to assess the company's ongoing efficiency in utilizing working capital to drive sales revenue.