Albertsons Companies (ACI)
Working capital turnover
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 80,390,900 | 79,930,900 | 79,713,700 | 79,452,900 | 79,237,700 | 79,163,300 | 78,760,900 | 78,389,600 | 77,649,700 | 76,768,100 | 75,341,600 | 73,927,900 | 71,887,000 | 70,275,800 | 68,956,300 | 68,208,200 | 69,690,400 | 69,354,900 | 68,049,200 | 66,468,300 |
| Total current assets | US$ in thousands | 6,559,000 | 6,665,500 | 6,646,600 | 6,207,900 | 6,287,500 | 6,661,900 | 6,421,600 | 6,060,600 | 6,270,400 | 10,685,700 | 9,264,600 | 8,678,200 | 8,366,400 | 8,379,700 | 7,988,300 | 7,377,500 | 6,988,000 | 7,444,200 | 7,578,600 | 7,132,800 |
| Total current liabilities | US$ in thousands | 7,251,000 | 7,155,100 | 7,422,400 | 7,066,000 | 7,457,700 | 7,857,500 | 7,923,500 | 7,723,100 | 8,428,800 | 13,309,000 | 8,244,500 | 7,912,300 | 8,348,500 | 7,461,200 | 7,069,700 | 6,704,200 | 6,832,200 | 6,597,300 | 6,727,700 | 6,750,300 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | 73.86 | 96.52 | 4,016.03 | 76.51 | 75.07 | 101.30 | 447.31 | 81.89 | 79.97 | 173.77 |
February 28, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $80,390,900K ÷ ($6,559,000K – $7,251,000K)
= —
The working capital turnover ratios for Albertsons Companies over the observed periods reveal notable fluctuations indicative of changes in operational efficiency and asset management.
Initially, in May 2020, the ratio was notably high at 173.77, suggesting a very efficient use of working capital in generating sales during that period. This figure declined significantly by August 2020 to 79.97, and remained relatively stable through November 2020 at 81.89, reflecting a period of operational stability with moderate efficiency.
A marked increase occurred in February 2021, where the ratio surged to 447.31. Such an elevation implies a substantial improvement in turnover efficiency, potentially driven by either a reduction in working capital levels or a significant increase in sales relative to working capital. This peak is followed by a drop back to comparatively lower levels in May 2021 (101.30) and August 2021 (75.07), indicating normalization of operational efficiency.
Towards the end of 2021 and into early 2022, the ratio experienced an extraordinary spike in February 2022, reaching 4,016.03. This extraordinary value suggests an anomaly, possibly due to atypical accounting entries, extraordinary transactions, or data irregularities rather than a consistent operational trend. Subsequent figures in May 2022 (96.52) and August 2022 (73.86) reverted to more typical court pre-pandemic levels, implying stabilization.
Data after August 2022 is not available, rendering further trend analysis incomplete. The large fluctuation in ratios, especially the abnormal spike in February 2022 and the subsequent normalization, signals periods of atypical financial activity or data reliability concerns during that time frame. Overall, the ratios depict periods of both high and low operational efficiency, with recent data pointing toward more stable performance until the data gaps commence after August 2022.
Peer comparison
Feb 28, 2025