Applied Materials Inc (AMAT)
Working capital turnover
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Oct 25, 2020 | Jul 26, 2020 | Apr 26, 2020 | Jan 26, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 27,058,000 | 26,743,000 | 26,339,000 | 26,311,000 | 26,274,000 | 26,319,000 | 26,414,000 | 26,027,000 | 25,590,000 | 24,905,000 | 24,569,000 | 23,924,000 | 22,880,000 | 21,547,000 | 19,794,000 | 18,202,000 | 17,202,000 | 16,268,000 | 15,435,000 | 15,017,000 |
| Total current assets | US$ in thousands | 21,220,000 | 20,671,000 | 19,265,000 | 19,182,000 | 19,147,000 | 18,879,000 | 17,773,000 | 16,715,000 | 15,925,000 | 15,434,000 | 15,244,000 | 15,707,000 | 16,107,000 | 15,248,000 | 14,971,000 | 14,269,000 | 13,369,000 | 12,248,000 | 12,735,000 | 10,769,000 |
| Total current liabilities | US$ in thousands | 8,468,000 | 7,228,000 | 6,884,000 | 7,076,000 | 7,372,000 | 8,224,000 | 7,871,000 | 7,250,000 | 7,379,000 | 6,833,000 | 6,650,000 | 6,264,000 | 6,344,000 | 5,125,000 | 4,822,000 | 4,504,000 | 4,459,000 | 4,285,000 | 4,765,000 | 4,569,000 |
| Working capital turnover | 2.12 | 1.99 | 2.13 | 2.17 | 2.23 | 2.47 | 2.67 | 2.75 | 2.99 | 2.90 | 2.86 | 2.53 | 2.34 | 2.13 | 1.95 | 1.86 | 1.93 | 2.04 | 1.94 | 2.42 |
October 27, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $27,058,000K ÷ ($21,220,000K – $8,468,000K)
= 2.12
Applied Materials Inc has shown a fluctuating trend in its working capital turnover ratio over the past few quarters. The working capital turnover ratio measures how efficiently a company is using its working capital to generate sales.
Based on the data provided, the working capital turnover ratio has ranged from 1.86 to 2.99. A higher ratio indicates that the company is effectively using its working capital to support its operations and generate revenue.
The trend over the last few quarters shows a peak at 2.99 and a low of 1.86, with the most recent ratio standing at 2.12. This indicates that the company has been relatively consistent in utilizing its working capital to support its sales activities.
Overall, the company's working capital turnover ratio suggests that Applied Materials Inc has been efficiently managing its working capital to drive its business operations and generate revenue.
Peer comparison
Oct 27, 2024
See also:
Applied Materials Inc Working Capital Turnover (Quarterly Data)