Chewy Inc (CHWY)

Working capital turnover

		Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
Revenue	US$ in thousands	11,144,400	10,096,500	8,890,770	7,146,260	4,846,740
Total current assets	US$ in thousands	2,104,350	1,524,780	1,323,530	1,226,780	629,789
Total current liabilities	US$ in thousands	2,110,880	1,827,720	1,644,880	1,380,860	1,100,540
Working capital turnover		—	—	—	—	—

January 28, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $11,144,400K ÷ ($2,104,350K – $2,110,880K)
= —

To calculate the working capital turnover ratio for Chewy Inc, we need to use the formula:

Working Capital Turnover = Net Sales / Average Working Capital

Given that we have not been provided with the specific figures for net sales or working capital for Chewy Inc over the past five years, it is not possible to calculate the working capital turnover ratio.

However, the working capital turnover ratio is a measure of how efficiently a company is using its working capital to generate sales. A higher ratio implies that the company is generating more sales with each dollar of working capital, indicating better efficiency in managing its working capital. Conversely, a lower ratio may suggest inefficiencies in managing working capital or potentially slower sales turnover.

Without the specific data for Chewy Inc, further analysis on the trend and interpretation of their working capital turnover ratio is not feasible.