Bloomin Brands Inc (BLMN)

Working capital turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	US$ in thousands	4,679,300	4,426,470	4,132,030	3,165,540	4,144,570
Total current assets	US$ in thousands	343,314	346,577	352,792	323,854	340,468
Total current liabilities	US$ in thousands	1,002,340	978,867	984,625	950,104	962,021
Working capital turnover		—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,679,300K ÷ ($343,314K – $1,002,340K)
= —

To calculate the working capital turnover for Bloomin Brands Inc, we need data on both working capital and sales. Unfortunately, the given table does not provide specific figures for working capital or sales for each year.

Working capital turnover is calculated by dividing net sales by average working capital. A high working capital turnover ratio indicates that the company efficiently utilizes its working capital to generate sales. Conversely, a low ratio may suggest inefficiency in managing working capital.

Without the necessary data, it is not possible to compute the working capital turnover for Bloomin Brands Inc. It would be helpful to have additional information on net sales and working capital figures for each of the years listed in the table to perform a thorough analysis.