Warner Music Group (WMG)

Working capital turnover

Sep 30, 2023 Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019
Revenue US$ in thousands 5,879,000 6,088,000 5,276,000 4,463,000 4,475,000
Total current assets US$ in thousands 2,402,000 2,139,000 1,896,000 1,678,000 1,691,000
Total current liabilities US$ in thousands 3,539,000 3,368,000 3,150,000 2,720,000 2,819,000
Working capital turnover

September 30, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,879,000K ÷ ($2,402,000K – $3,539,000K)
= —

To calculate Warner Music Group's working capital turnover, we need the formula:

\[
\text{Working Capital Turnover} = \frac{\text{Net Revenue}}{\text{Average Working Capital}}
\]

Unfortunately, the specific figures required to compute the working capital turnover for Warner Music Group are not provided in the table. We would need the net revenue and average working capital for each respective year in order to calculate and analyze the working capital turnover ratio effectively.

Working capital turnover is a measure of how efficiently a company is using its working capital to generate sales. A higher working capital turnover ratio indicates that the company is effectively managing its working capital to generate revenue.

Without the necessary data, we are unable to provide a detailed analysis of Warner Music Group's working capital turnover over the given periods.


Peer comparison

Sep 30, 2023