Bunge Limited (BG)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 53,108,000 | 59,540,000 | 67,232,000 | 59,152,000 | 41,404,000 |
| Total current assets | US$ in thousands | 15,958,000 | 16,350,000 | 16,758,000 | 16,460,000 | 16,181,000 |
| Total current liabilities | US$ in thousands | 7,435,000 | 7,687,000 | 9,600,000 | 9,324,000 | 10,985,000 |
| Working capital turnover | 6.23 | 6.87 | 9.39 | 8.29 | 7.97 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $53,108,000K ÷ ($15,958,000K – $7,435,000K)
= 6.23
The working capital turnover for Bunge Limited has shown varying trends over the past five years. The company's ability to efficiently utilize its working capital has improved from 7.97 in December 2020 to 9.39 in December 2022. This indicates that Bunge is generating more revenue relative to its investment in working capital during this period.
However, there was a slight dip in efficiency in December 2024, with the working capital turnover decreasing to 6.23. This might indicate a potential inefficiency in managing working capital or a decrease in revenue generation compared to the working capital invested.
Overall, Bunge Limited has generally shown a positive trend in its working capital turnover, although fluctuations in the ratio over the years suggest the need for continuous monitoring and adjustments in working capital management strategies.
Peer comparison
Dec 31, 2024