Commercial Metals Company (CMC)
Working capital turnover
Aug 31, 2025 | Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 7,798,480 | 7,925,970 | 8,799,530 | 8,913,480 | 6,729,760 |
Total current assets | US$ in thousands | 3,494,820 | 3,292,770 | 3,144,160 | 3,441,470 | 2,736,830 |
Total current liabilities | US$ in thousands | 1,258,810 | 834,850 | 843,714 | 1,356,990 | 980,473 |
Working capital turnover | 3.49 | 3.22 | 3.83 | 4.28 | 3.83 |
August 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $7,798,480K ÷ ($3,494,820K – $1,258,810K)
= 3.49