Bunge Limited (BG)
Working capital turnover
| Dec 31, 2023 | ||
|---|---|---|
| Revenue | US$ in thousands | 59,540,000 |
| Total current assets | US$ in thousands | 16,350,000 |
| Total current liabilities | US$ in thousands | 7,687,000 |
| Working capital turnover | 6.87 |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $59,540,000K ÷ ($16,350,000K – $7,687,000K)
= 6.87
Peer comparison
Dec 31, 2023
Company name
Symbol
Working capital turnover
Bunge Limited
BG
6.87
Archer-Daniels-Midland Company
ADM
8.46
Darling Ingredients Inc
DAR
7.63