Ashland Global Holdings Inc (ASH)
Working capital turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,825,000 | 1,869,000 | 1,950,000 | 2,046,000 | 2,114,000 | 2,109,000 | 2,111,000 | 2,139,000 | 2,191,000 | 2,306,000 | 2,404,000 | 2,405,000 | 2,392,000 | 2,085,000 | 1,984,000 | 1,889,000 | 1,845,000 | 2,129,000 | 2,160,000 | 2,261,000 |
| Total current assets | US$ in thousands | 1,124,000 | 1,124,000 | 1,075,000 | 1,069,000 | 1,195,000 | 1,385,000 | 1,385,000 | 1,365,000 | 1,506,000 | 1,526,000 | 1,631,000 | 1,724,000 | 1,768,000 | 1,817,000 | 2,025,000 | 1,734,000 | 1,717,000 | 1,235,000 | 1,418,000 | 1,381,000 |
| Total current liabilities | US$ in thousands | 420,000 | 420,000 | 463,000 | 425,000 | 490,000 | 464,000 | 464,000 | 414,000 | 456,000 | 432,000 | 472,000 | 464,000 | 553,000 | 550,000 | 810,000 | 908,000 | 934,000 | 602,000 | 569,000 | 585,000 |
| Working capital turnover | 2.59 | 2.65 | 3.19 | 3.18 | 3.00 | 2.29 | 2.29 | 2.25 | 2.09 | 2.11 | 2.07 | 1.91 | 1.97 | 1.65 | 1.63 | 2.29 | 2.36 | 3.36 | 2.54 | 2.84 |
September 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $1,825,000K ÷ ($1,124,000K – $420,000K)
= 2.59
Peer comparison
Sep 30, 2025
Company name
Symbol
Working capital turnover
Ashland Global Holdings Inc
ASH
2.59
Air Products and Chemicals Inc
APD
7.49
WD-40 Company
WDFC
3.39