Warner Music Group (WMG)
Working capital turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,707,000 | 6,469,000 | 6,334,000 | 6,344,000 | 6,426,000 | 6,382,000 | 6,392,000 | 6,297,000 | 6,037,000 | 5,948,000 | 5,816,000 | 5,793,000 | 5,919,000 | 5,798,000 | 5,706,000 | 5,580,000 | 5,301,000 | 5,051,000 | 4,721,000 | 4,542,000 |
| Total current assets | US$ in thousands | 2,770,000 | 2,678,000 | 2,599,000 | 2,716,000 | 2,643,000 | 2,483,000 | 2,450,000 | 2,616,000 | 2,402,000 | 2,317,000 | 2,212,000 | 2,340,000 | 2,139,000 | 1,901,000 | 1,912,000 | 2,021,000 | 1,896,000 | 1,734,000 | 1,756,000 | 1,828,000 |
| Total current liabilities | US$ in thousands | 4,201,000 | 4,050,000 | 3,916,000 | 3,923,000 | 3,897,000 | 3,573,000 | 3,533,000 | 3,745,000 | 3,539,000 | 3,290,000 | 3,187,000 | 3,341,000 | 3,368,000 | 3,123,000 | 3,131,000 | 3,357,000 | 3,150,000 | 2,902,000 | 2,784,000 | 2,890,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
September 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $6,707,000K ÷ ($2,770,000K – $4,201,000K)
= —
Peer comparison
Sep 30, 2025