ConAgra Foods Inc (CAG)

Working capital turnover

		May 26, 2024	Feb 25, 2024	Nov 26, 2023	Aug 27, 2023	May 28, 2023	Feb 26, 2023	Nov 27, 2022	Aug 28, 2022	May 29, 2022	Feb 27, 2022	Nov 28, 2021	Aug 29, 2021	May 30, 2021	Feb 28, 2021	Nov 29, 2020	Aug 30, 2020	May 31, 2020	Feb 23, 2020	Nov 24, 2019	Aug 25, 2019
Revenue (ttm)	US$ in thousands	11,624,600	11,673,000	11,720,500	11,853,600	11,852,800	11,826,400	11,689,900	11,443,000	11,195,600	11,037,300	10,884,000	10,800,600	10,792,500	11,412,500	11,168,300	10,980,600	10,678,400	10,003,700	10,149,100	9,754,600
Total current assets	US$ in thousands	3,149,500	3,285,800	3,469,100	3,573,500	3,385,000	3,454,700	3,416,400	3,233,800	3,033,700	2,914,600	3,039,300	2,972,200	2,702,100	2,627,900	2,797,700	2,935,100	2,885,900	2,709,400	3,029,600	2,728,000
Total current liabilities	US$ in thousands	3,241,800	3,470,900	3,833,100	3,940,100	4,440,700	3,561,000	3,722,700	4,160,300	3,518,800	3,524,600	3,277,000	3,090,300	3,306,200	3,291,100	3,351,400	3,101,900	3,287,400	3,127,100	3,425,800	2,449,900
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	35.08

May 26, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $11,624,600K ÷ ($3,149,500K – $3,241,800K)
= —

The working capital turnover ratio for ConAgra Foods Inc has not been provided for the periods listed, with the exception of a value of 35.08 for the period ending on November 24, 2019. This ratio is a measure of how efficiently a company is utilizing its working capital to generate revenue. A higher ratio indicates better efficiency in generating sales revenue using working capital. The lack of data for subsequent periods makes it difficult to assess any trends or changes in the efficiency of ConAgra's working capital management in recent years. It would be beneficial to have more recent data to evaluate the company's current working capital turnover performance.