Aerovate Therapeutics Inc Working Capital Turnover Ratio is 0.00 for the year ending December 31, 2023, a 0.00% change year over year. The working capital turnover ratio measures the efficiency of a company in utilizing its working capital to generate revenue. It is calculated by dividing the revenue by the working capital. This ratio indicates the number of times the company's working capital is converted into revenue during a specific period. A higher working capital turnover ratio suggests more efficient utilization of working capital in revenue generation.