Smith AO Corporation (AOS)

Working capital turnover

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue US$ in thousands 3,830,200 3,818,100 3,852,800 3,753,900 3,538,900
Total current assets US$ in thousands 1,291,500 1,392,900 1,500,300 1,633,700 1,752,600
Total current liabilities US$ in thousands 862,500 897,200 945,300 934,200 1,118,800
Working capital turnover 8.93 7.70 6.94 5.37 5.58

December 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $3,830,200K ÷ ($1,291,500K – $862,500K)
= 8.93