Cardinal Health Inc (CAH)
Working capital turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 222,578,000 | 226,827,000 | 205,012,000 | 181,364,000 | 162,467,000 |
| Total current assets | US$ in thousands | 36,373,000 | 34,884,000 | 33,737,000 | 32,935,000 | 31,048,000 |
| Total current liabilities | US$ in thousands | 38,897,000 | 35,640,000 | 33,740,000 | 30,550,000 | 27,624,000 |
| Working capital turnover | — | — | — | 76.04 | 47.45 |
June 30, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $222,578,000K ÷ ($36,373,000K – $38,897,000K)
= —
The working capital turnover ratio for Cardinal Health Inc. exhibited notable fluctuations over the indicated periods. As of June 30, 2021, the ratio was recorded at 47.45, indicating that the company's sales generated approximately 47.45 units of revenue per dollar of working capital. By June 30, 2022, this ratio increased significantly to 76.04, reflecting an improvement in the efficiency with which the company utilized its working capital to generate sales.
However, data for subsequent years—June 30, 2023, June 30, 2024, and June 30, 2025—is not available. The absence of these figures precludes an analysis of ongoing trends or potential future performance in this area.
In summary, between 2021 and 2022, there was a marked increase in working capital turnover, suggesting enhanced operational efficiency during this period. The lack of data beyond 2022 limits further assessment of whether this trend persisted, improved, or declined in subsequent years.
Peer comparison
Jun 30, 2025