Burlington Stores Inc (BURL)
Working capital turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 9,727,480 | 9,345,400 | 9,096,740 | 8,909,870 | 8,702,600 | 8,567,330 | 8,830,680 | 9,058,650 | 9,322,260 | 8,996,140 | 8,359,340 | 7,155,760 | 5,763,983 | 5,689,693 | 5,804,033 | 6,453,723 | 7,286,390 | 7,075,860 | 6,935,240 | 6,777,960 |
| Total current assets | US$ in thousands | 2,327,020 | 2,214,830 | 1,917,070 | 1,990,460 | 2,283,790 | 2,099,780 | 1,936,100 | 2,181,240 | 2,547,640 | 2,772,060 | 2,663,920 | 2,738,100 | 2,510,620 | 2,634,860 | 1,891,790 | 2,229,880 | 1,417,370 | 1,415,140 | 1,185,910 | 1,251,800 |
| Total current liabilities | US$ in thousands | 2,028,790 | 1,954,580 | 1,643,700 | 1,718,510 | 1,911,950 | 1,878,410 | 1,609,050 | 1,729,500 | 1,947,650 | 2,079,500 | 1,803,480 | 1,728,700 | 1,684,000 | 1,740,650 | 1,225,200 | 1,355,410 | 1,461,900 | 1,607,650 | 1,315,770 | 1,343,890 |
| Working capital turnover | 32.62 | 35.91 | 33.28 | 32.76 | 23.40 | 38.70 | 27.00 | 20.05 | 15.54 | 12.99 | 9.72 | 7.09 | 6.97 | 6.36 | 8.71 | 7.38 | — | — | — | — |
February 3, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $9,727,480K ÷ ($2,327,020K – $2,028,790K)
= 32.62
Working capital turnover is a financial ratio that measures how efficiently a company is using its working capital to generate revenue. In the case of Burlington Stores Inc, the working capital turnover has fluctuated over the periods provided.
The working capital turnover for Burlington Stores Inc ranged from a low of 6.36 to a high of 38.70 over the past few years. A higher working capital turnover indicates that the company is effectively utilizing its working capital to generate sales. On the other hand, a lower turnover implies a less efficient use of working capital.
From the available data, there seems to be a general trend of improving working capital turnover for Burlington Stores Inc over the periods. This could suggest that the company is managing its working capital more efficiently and generating more revenue per unit of working capital invested.
It is essential for investors and analysts to monitor the working capital turnover over time to assess the company's operational efficiency and financial health. Further analysis and comparison with industry peers can provide deeper insights into Burlington Stores Inc's performance in utilizing its working capital effectively.
Peer comparison
Feb 3, 2024