ConAgra Foods Inc (CAG)

Working capital turnover

Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 May 26, 2024 Feb 29, 2024 Feb 25, 2024 Nov 30, 2023 Nov 26, 2023 Aug 31, 2023 Aug 27, 2023 May 31, 2023 May 28, 2023 Feb 28, 2023 Feb 26, 2023 Nov 30, 2022 Nov 27, 2022 Aug 31, 2022 Aug 28, 2022 May 31, 2022
Revenue (ttm) US$ in thousands 11,736,900 11,700,100 11,537,900 11,661,100 11,963,300 12,243,900 12,115,000 12,014,400 11,779,600 11,547,400 11,729,900 11,878,000 12,217,600 12,582,900 12,400,700 12,251,800 11,848,900 11,457,200 11,466,600 11,479,000
Total current assets US$ in thousands 2,965,600 3,205,400 3,416,200 3,149,500 3,149,500 3,285,800 3,285,800 3,469,100 3,469,100 3,573,500 3,573,500 3,385,000 3,385,000 3,454,700 3,454,700 3,416,400 3,416,400 3,233,800 3,233,800 3,033,700
Total current liabilities US$ in thousands 4,303,700 4,559,700 3,646,800 3,241,800 3,241,800 3,470,900 3,470,900 3,833,100 3,833,100 3,940,100 3,940,100 4,440,700 4,440,700 3,561,000 3,561,000 3,722,700 3,722,700 4,160,300 4,160,300 3,518,800
Working capital turnover

February 28, 2025 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $11,736,900K ÷ ($2,965,600K – $4,303,700K)
= —

The working capital turnover ratio for ConAgra Foods Inc does not have available data for analysis based on the provided financial statement dates. As a key financial ratio, the working capital turnover measures the efficiency of a company in utilizing its working capital to generate sales revenue. It shows how many times the working capital is being turned over in a given period, providing insights into the company's operational efficiency and management of its current assets and liabilities.

Without the specific values for working capital turnover, it is difficult to assess ConAgra Foods' ability to efficiently convert its working capital into sales. However, it is important for the company to monitor this ratio over time to ensure optimal management of its working capital and operational performance. A higher working capital turnover generally indicates effective use of resources, while a lower ratio may suggest inefficiencies in managing working capital and generating sales.