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International Business Machines Corporation  (IBM)
Other Ticker:  
 
    Sector  Technology    Industry Computer Hardware
   Industry Computer Hardware
   Sector  Technology

International Business Machines's Working Capital Ratio

IBM's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the forth quarter 2023, Working Capital Ratio fell to 0.96 below International Business Machines Corporation average.

Within Computer Hardware industry 4 other companies have achieved higher Working Capital Ratio than International Business Machines in forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 0 to 1200.

Explain Working Capital Ratio
How much in Current Assets IBM´s has?
What is the value of IBM´s Current Liabilities?


IBM Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change 12 % 2.1 % -8.99 % -6.29 % -14.98 %
Y / Y Current Assets Change 13.48 % 23.52 % 14.85 % -1.43 % -3.23 %
Working Capital Ratio MRQ 0.96 1.06 1.16 0.92 0.95
IBM's Total Ranking # 1200 # 0 # 3103 # 3042 # 3938
Seq. Current Liabilities Change 4.95 % 4.9 % -1.63 % 3.41 % -4.33 %
Seq. Current Assets Change -4.5 % -4.24 % 23.57 % 0.41 % 3.95 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Computer Hardware Industry # 5
Technology Sector # 225
Overall Market # 1200


Working Capital Ratio Statistics
High Average Low
1.83 1.18 0.84
(Jun 30 2019)   (Sep 30 2021)




Financial Statements
International Business Machines's Current Liabilities $ 34,122 Millions Visit IBM's Balance sheet
International Business Machines's Current Assets $ 32,908 Millions Visit IBM's Balance sheet
Source of IBM's Sales Visit IBM's Sales by Geography


Cumulative International Business Machines's Working Capital Ratio

IBM's Working Capital Ratio for the trailling 12 Months

IBM Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 12 % 2.1 % -8.99 % -6.29 % -14.98 %
Y / Y Current Assets TTM Growth 13.48 % 23.52 % 14.85 % -1.43 % -3.23 %
Working Capital Ratio TTM 1.03 1.02 0.98 0.92 0.91
Total Ranking TTM # 2168 # 0 # 3908 # 3845 # 4183
Seq. Current Liabilities TTM Growth 4.95 % 4.9 % -1.63 % 3.41 % -4.33 %
Seq. Current Assets TTM Growth -4.5 % -4.24 % 23.57 % 0.41 % 3.95 %


On the trailing twelve months basis IBM Current Assets increased by 13.48 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in International Business Machines's Working Capital Ratio to 1.03, Working Capital Ratio remained below IBM average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Computer Hardware industry 7 other companies have achieved higher Working Capital Ratio than International Business Machines. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 0 to 2168.

Explain Working Capital Ratio
How much in Current Assets IBM´s has?
What is the value of IBM´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Computer Hardware Industry # 8
Technology Sector # 395
Within the Market # 2168


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.46 1.16 0.87
(Jun 30 2019)   (Mar 31 2022)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Computer Hardware Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Omnicell inc   2.52 $ 927.571  Millions$ 367.792  Millions
Super Micro Computer Inc   2.43 $ 4,842.355  Millions$ 1,992.089  Millions
Western Digital Corporation  1.67 $ 7,838.000  Millions$ 4,693.000  Millions
Apple Inc   1.07 $ 143,692.000  Millions$ 133,973.000  Millions
Seagate Technology Holdings Plc  1.04 $ 2,628.000  Millions$ 2,529.000  Millions
International Business Machines Corporation  0.96 $ 32,908.000  Millions$ 34,122.000  Millions
Hewlett Packard Enterprise Company  0.89 $ 20,244.000  Millions$ 22,635.000  Millions
Hp inc   0.71 $ 16,858.000  Millions$ 23,857.000  Millions

Date modified: 2024-02-27T10:36:14+00:00



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