Church & Dwight Company Inc (CHD)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,107,100 | 6,053,100 | 5,998,400 | 5,941,400 | 5,867,900 | 5,775,900 | 5,637,300 | 5,508,200 | 5,375,600 | 5,308,300 | 5,302,400 | 5,248,400 | 5,190,100 | 5,116,700 | 5,046,300 | 4,969,500 | 4,895,800 | 4,744,700 | 4,593,100 | 4,478,200 |
| Total current assets | US$ in thousands | 2,240,600 | 2,016,700 | 1,755,200 | 1,534,300 | 1,529,700 | 1,744,600 | 1,576,400 | 1,334,900 | 1,395,900 | 1,564,400 | 1,750,700 | 1,221,800 | 1,233,400 | 1,176,800 | 1,128,700 | 1,111,800 | 1,112,400 | 1,444,500 | 1,276,700 | 1,828,800 |
| Total current liabilities | US$ in thousands | 1,315,900 | 1,246,600 | 1,149,700 | 1,151,100 | 1,422,000 | 1,188,400 | 1,121,800 | 1,126,900 | 1,183,800 | 1,450,600 | 1,726,800 | 1,871,600 | 2,075,200 | 1,584,400 | 1,376,100 | 1,274,300 | 1,388,600 | 971,900 | 996,600 | 1,769,000 |
| Working capital turnover | 6.60 | 7.86 | 9.91 | 15.50 | 54.48 | 10.38 | 12.40 | 26.48 | 25.34 | 46.65 | 221.86 | — | — | — | — | — | — | 10.04 | 16.40 | 74.89 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $6,107,100K ÷ ($2,240,600K – $1,315,900K)
= 6.60
The working capital turnover ratio for Church & Dwight Company Inc has varied significantly over the periods provided. The ratio indicates how efficiently the company is utilizing its working capital to generate sales revenue.
In March 2020, the working capital turnover was very high at 74.89, suggesting that the company was able to generate a considerable amount of sales revenue in relation to its working capital during that period.
However, the ratio dropped significantly in the subsequent quarters, indicating a decline in the efficiency of working capital utilization. The ratio remained erratic over the following quarters, with several periods showing no data provided.
By June 2022, there was a notable spike in the working capital turnover to 221.86, indicating a significant improvement in the efficiency of working capital management and sales generation.
Subsequently, the ratio decreased again in the following periods, with fluctuations seen up to December 2024, with values ranging between 6.60 and 54.48. These fluctuations suggest varying levels of efficiency in how Church & Dwight was using its working capital to drive sales.
Overall, the company's working capital turnover ratio has shown a volatile pattern, indicating fluctuations in how effectively it has been managing its working capital to generate sales revenue over the periods analyzed.
Peer comparison
Dec 31, 2024