Warner Bros Discovery Inc (WBD)
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 | 38,893,000 | 43,065,000 | 42,909,000 | 42,378,000 | 34,837,000 | 26,592,000 | 19,919,000 | 13,154,000 | 12,787,000 | 12,193,000 | 11,604,000 | 11,083,000 | 10,974,000 | 10,659,000 | 10,776,000 | 11,120,000 | 11,144,000 | 11,079,000 | 10,993,000 | 10,953,000 |
| Total current assets | US$ in thousands | 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 | 5,217,000 | 4,313,000 | 4,932,000 | 4,025,000 |
| Total current liabilities | US$ in thousands | 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 | 3,239,000 | 2,837,000 | 3,874,000 | 3,475,000 |
| Working capital turnover | — | — | — | — | — | — | 19.66 | 3.64 | 3.36 | 3.67 | 3.67 | 4.07 | 3.60 | 3.92 | 5.03 | 6.35 | 5.63 | 7.51 | 10.39 | 19.91 |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $38,893,000K ÷ ($14,218,000K – $15,332,000K)
= —
Warner Bros. Discovery Inc experienced a working capital turnover of 19.08 in the second quarter of 2022, indicating a significant level of efficiency in using its working capital to generate revenue during that period. However, the working capital turnover data for the other quarters in 2022 and 2023 were not provided, making it challenging to assess the trend and overall performance over time. A higher working capital turnover ratio is generally favorable as it suggests that the company is effectively utilizing its working capital to support sales and operations. Further information on fluctuations in working capital turnover across different quarters would be needed to provide a more comprehensive analysis of the company's working capital management efficiency.
Peer comparison
Dec 31, 2023
See also:
Warner Bros Discovery Inc Working Capital Turnover (Quarterly Data)