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United States Cellular Corporation  (USM)
Other Ticker:  
 
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services

United States Cellular's Working Capital Ratio

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


United States Cellular's Current Assets grew by 0.5 % in the IV Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in United States Cellular's Working Capital Ratio to 1.55, Working Capital Ratio remained below United States Cellular Corporation average.

Within Communications Services industry only one company has achieved higher Working Capital Ratio in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 549, from total ranking in the third quarter 2023 at 948.

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


USM Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -24.6 % -6.19 % 2.65 % 9.16 % 32.34 %
Y / Y Current Assets Change -18.75 % -16.84 % -10.34 % -3.04 % 7.35 %
Working Capital Ratio MRQ 1.55 1.35 1.49 1.64 1.44
USM's Total Ranking # 549 # 948 # 1583 # 899 # 768
Seq. Current Liabilities Change -12.61 % 2.28 % 5.77 % -20.25 % 8.74 %
Seq. Current Assets Change 0.5 % -7.13 % -3.97 % -9.34 % 2.87 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Communications Services Industry # 2
Services Sector # 43
Overall Market # 549


Working Capital Ratio Statistics
High Average Low
3.39 2.03 1.26
(Dec 31 2018)   (Sep 30 2013)




Financial Statements
United States Cellular's Current Liabilities $ 901 Millions Visit USM's Balance sheet
United States Cellular's Current Assets $ 1,400 Millions Visit USM's Balance sheet
Source of USM's Sales Visit USM's Sales by Geography


Cumulative United States Cellular's Working Capital Ratio

USM's Working Capital Ratio for the trailling 12 Months

USM Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -24.6 % -6.19 % 2.65 % 9.16 % 32.34 %
Y / Y Current Assets TTM Growth -18.75 % -16.84 % -10.34 % -3.04 % 7.35 %
Working Capital Ratio TTM 1.5 1.48 1.52 1.57 1.61
Total Ranking TTM # 859 # 1208 # 1417 # 4126 # 3264
Seq. Current Liabilities TTM Growth -12.61 % 2.28 % 5.77 % -20.25 % 8.74 %
Seq. Current Assets TTM Growth 0.5 % -7.13 % -3.97 % -9.34 % 2.87 %


On the trailing twelve months basis Current Liabilities decreased faster than United States Cellular's average Current Assets, this led to increase in in United States Cellular's Working Capital Ratio to 1.5, Working Capital Ratio remained below USM average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Communications Services industry 6 other companies have achieved higher Working Capital Ratio than United States Cellular. While Working Capital Ratio overall ranking has improved so far to 859, from total ranking during the twelve months ending third quarter 2023 at 1208.

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

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Communications Services Industry # 7
Services Sector # 131
Within the Market # 859


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.79 2.01 1.39
(Mar 31 2021)   (March 31, 2014)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Communications Services Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Spok Holdings Inc  3.65 $ 63.892  Millions$ 17.526  Millions
Calix Inc   3.19 $ 597.956  Millions$ 187.642  Millions
Surgepays Inc   2.86 $ 36.379  Millions$ 12.705  Millions
Ziff Davis Inc   2.76 $ 1,190.994  Millions$ 431.833  Millions
Nuvera Communications Inc   2.30 $ 42.698  Millions$ 18.576  Millions
Crexendo Inc   1.69 $ 17.291  Millions$ 10.261  Millions
United States Cellular Corporation  1.55 $ 1,400.000  Millions$ 901.000  Millions
Idt Corporation  1.43 $ 407.576  Millions$ 285.034  Millions
Telephone And Data Systems Inc   1.40 $ 1,660.000  Millions$ 1,184.000  Millions
Cogent Communications Holdings inc   1.38 $ 513.627  Millions$ 373.324  Millions
Frontier Communications Parent Inc   1.22 $ 2,781.000  Millions$ 2,275.000  Millions
Cleartronic Inc   0.97 $ 1.465  Millions$ 1.509  Millions
Atn International inc   0.96 $ 281.272  Millions$ 293.194  Millions
Telef nica Brasil S a   0.96 $ 3,656.543  Millions$ 3,815.995  Millions
T mobile Us Inc   0.91 $ 19,015.000  Millions$ 20,928.000  Millions
Telef nica S a   0.89 $ 23,246.720  Millions$ 26,206.880  Millions
Globalstar Inc   0.81 $ 142.653  Millions$ 175.908  Millions
Verizon Communications Inc   0.75 $ 36,814.000  Millions$ 48,957.000  Millions
At and t Inc   0.71 $ 36,458.000  Millions$ 51,127.000  Millions
Echostar Corporation  0.61 $ 4,891.814  Millions$ 8,018.589  Millions
Qwest Corporation  0.44 $ 415.000  Millions$ 933.000  Millions
Telecom Argentina Sa  0.31 $ 12,854.128  Millions$ 40,843.648  Millions

Date modified: 2024-02-17T00:06:14+00:00



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