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.
Peer comparison
Feb 28, 2025