Warner Music Group (WMG)
Working capital turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 6,390,000 | 5,879,000 | 6,088,000 | 5,276,000 | 4,463,000 |
| Total current assets | US$ in thousands | 2,643,000 | 2,402,000 | 2,139,000 | 1,896,000 | 1,678,000 |
| Total current liabilities | US$ in thousands | 3,897,000 | 3,539,000 | 3,368,000 | 3,150,000 | 2,720,000 |
| Working capital turnover | — | — | — | — | — |
September 30, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $6,390,000K ÷ ($2,643,000K – $3,897,000K)
= —
To calculate the working capital turnover for Warner Music Group, we need data on the company's working capital and net sales for each of the years provided. Working capital turnover is a financial ratio that measures how efficiently a company is using its working capital to generate sales revenue. It is calculated by dividing net sales by average working capital. The higher the turnover ratio, the more efficiently the company is utilizing its working capital.
Without the specific data on working capital and net sales for Warner Music Group in the years 2020 to 2024, it is not possible to calculate the working capital turnover ratio. To perform a detailed analysis, we would need access to the company's financial statements or additional information on these financial metrics.
Peer comparison
Sep 30, 2024