ConAgra Foods Inc (CAG)
Working capital turnover
| May 26, 2024 | May 28, 2023 | May 29, 2022 | May 30, 2021 | May 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,624,600 | 11,852,600 | 11,195,600 | 10,778,800 | 10,550,500 |
| Total current assets | US$ in thousands | 3,149,500 | 3,385,000 | 3,033,700 | 2,702,100 | 2,885,900 |
| Total current liabilities | US$ in thousands | 3,241,800 | 4,440,700 | 3,518,800 | 3,306,200 | 3,287,400 |
| Working capital turnover | — | — | — | — | — |
May 26, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $11,624,600K ÷ ($3,149,500K – $3,241,800K)
= —
To calculate ConAgra Foods Inc's working capital turnover ratio, we need the company's annual sales and working capital figures for each year. Without this specific data, we are unable to compute the working capital turnover ratio for any of the years listed in the table. The working capital turnover ratio is a financial metric that evaluates how efficiently a company utilizes its working capital to generate sales revenue during a specific period. Typically, a higher working capital turnover ratio indicates effective working capital management and efficient operations. It is important to consider trends in the working capital turnover ratio over multiple years to discern patterns and assess ConAgra Foods Inc's performance in managing its working capital effectively.
Peer comparison
May 26, 2024