Yum! Brands Inc (YUM)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,549,000 | 7,076,000 | 6,842,000 | 6,584,000 | 5,652,000 |
| Total current assets | US$ in thousands | 1,871,000 | 1,609,000 | 1,609,000 | 1,532,000 | 1,689,000 |
| Total current liabilities | US$ in thousands | 1,269,000 | 1,277,000 | 1,665,000 | 1,415,000 | 1,675,000 |
| Working capital turnover | 12.54 | 21.31 | — | 56.27 | 403.71 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $7,549,000K ÷ ($1,871,000K – $1,269,000K)
= 12.54
The working capital turnover of Yum! Brands Inc has seen fluctuations over the years based on the provided data. As of December 31, 2020, the working capital turnover was 403.71, indicating that the company was able to efficiently generate revenue using its working capital during that year. However, by December 31, 2021, the working capital turnover has decreased significantly to 56.27, suggesting a decrease in the efficiency of Yum! Brands in utilizing its working capital to generate sales.
The working capital turnover data for December 31, 2022, is missing or not available in the provided dataset. This information gap makes it challenging to analyze the company's performance for that particular year. Subsequently, by December 31, 2023, the working capital turnover improved to 21.31, indicating a certain level of recovery or adjustment in the efficiency of Yum! Brands in utilizing its working capital.
Finally, as of December 31, 2024, the working capital turnover further declined to 12.54, reflecting a continued decrease in the company's ability to generate revenue efficiently using its working capital. Overall, this analysis highlights the importance of monitoring changes in working capital turnover to assess Yum! Brands' operational efficiency and financial performance over the years.
Peer comparison
Dec 31, 2024