Novartis AG

Published by Stock Analysis on Net

Last updated: 2018-02-11 07:56:36

Working Capital Turnover

2016 2015 2014 2013

Selected Financial Data

USD in millions

Revenues 49,436 50,387 53,634 52,716
Current assets 24,931 22,845 37,561 30,542
Less: Current liabilities 22,209 23,708 26,973 26,368
Working capital
2,722
-863
10,588
4,174

Ratio

Working capital turnover 18.16 5.07 12.63

2016 calculations:

Working capital turnover = Revenues ÷ Working capital
= 49,436 ÷ 2,722 = 18.16