The Cheesecake Factory (CAKE)
Working capital turnover
| Jan 31, 2025 | Dec 31, 2024 | Oct 31, 2024 | Sep 30, 2024 | Jul 31, 2024 | Jun 30, 2024 | Apr 30, 2024 | Mar 31, 2024 | Jan 31, 2024 | Dec 31, 2023 | Oct 31, 2023 | Sep 30, 2023 | Jul 31, 2023 | Jun 30, 2023 | Apr 30, 2023 | Mar 31, 2023 | Jan 31, 2023 | Dec 31, 2022 | Oct 31, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,572,868 | 3,555,947 | 3,539,026 | 3,564,778 | 3,590,530 | 3,563,497 | 3,536,464 | 3,475,451 | 3,414,438 | 3,403,599 | 3,392,760 | 3,428,664 | 3,464,568 | 3,491,200 | 3,517,832 | 3,435,719 | 3,353,606 | 3,293,447 | 3,233,288 | 3,242,997 |
| Total current assets | US$ in thousands | 333,313 | 333,313 | 286,538 | 286,538 | 277,935 | 277,935 | 283,572 | 283,572 | 300,798 | 300,798 | 63,987 | 272,376 | 91,557 | 299,171 | 313,636 | 313,636 | 345,768 | 345,768 | 317,738 | 317,738 |
| Total current liabilities | US$ in thousands | 711,420 | 711,420 | 651,893 | 651,893 | 642,607 | 642,607 | 654,501 | 654,501 | 660,671 | 660,671 | 618,520 | 618,520 | 623,452 | 623,452 | 626,695 | 626,695 | 656,678 | 656,678 | 606,168 | 606,168 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
January 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,572,868K ÷ ($333,313K – $711,420K)
= —
The working capital turnover ratio for The Cheesecake Factory is not provided in the data for the periods specified. The working capital turnover ratio measures how efficiently a company is utilizing its working capital to generate sales revenue. It is calculated by dividing net sales by average working capital.
Without the specific figures for working capital and net sales, it is not possible to compute the working capital turnover ratio for the company over the given periods. The working capital turnover ratio is an important metric that indicates how effectively a company is managing its working capital to support its operations and generate revenue. A higher ratio typically indicates better efficiency in this regard.
Further analysis and comparison with industry benchmarks and historical data would be necessary to provide insights into The Cheesecake Factory's working capital management efficiency and potential areas for improvement. It is recommended that the company discloses this ratio in its financial reporting for stakeholders to assess its operational performance accurately.
Peer comparison
Jan 31, 2025