AutoZone Inc (AZO)

Working capital turnover

		Aug 26, 2023	Aug 27, 2022	Aug 28, 2021	Aug 29, 2020	Aug 31, 2019
Revenue	US$ in thousands	17,457,200	16,252,200	14,629,600	12,632,000	11,863,700
Total current assets	US$ in thousands	6,779,430	6,627,980	6,415,300	6,811,870	5,028,680
Total current liabilities	US$ in thousands	8,511,860	8,588,390	7,369,750	6,283,090	5,512,140
Working capital turnover		—	—	—	23.89	—

August 26, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $17,457,200K ÷ ($6,779,430K – $8,511,860K)
= —

I'm sorry, but I am unable to provide a detailed analysis of Autozone Inc.'s working capital turnover based on the given data. The lack of working capital turnover figures for the years 2023, 2022, 2021, and 2019 makes it impossible to accurately interpret the trend and performance of this ratio over time. For a comprehensive analysis, it would be necessary to have working capital turnover figures for all the years in question. If you can provide more complete data, I would be happy to assist you further.