Commercial Metals Company (CMC)
Working capital turnover
| Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,798,480 | 7,680,110 | 7,738,610 | 7,832,520 | 7,925,970 | 8,139,050 | 8,405,560 | 8,575,270 | 8,799,530 | 8,997,360 | 9,168,100 | 9,158,990 | 8,913,480 | 8,537,070 | 7,866,380 | 7,319,760 | 6,729,760 | 6,108,240 | 5,604,880 | 5,483,570 |
| Total current assets | US$ in thousands | 3,494,820 | 3,358,710 | 3,128,100 | 3,218,120 | 3,292,770 | 3,239,630 | 3,198,090 | 3,243,830 | 3,144,160 | 3,141,640 | 3,278,150 | 3,224,110 | 3,441,470 | 3,443,570 | 3,490,250 | 2,786,380 | 2,736,830 | 2,518,480 | 2,205,640 | 2,169,200 |
| Total current liabilities | US$ in thousands | 1,258,810 | 1,175,420 | 1,109,130 | 1,165,430 | 834,850 | 764,954 | 762,547 | 786,955 | 843,714 | 852,944 | 1,066,150 | 1,077,550 | 1,356,990 | 1,390,690 | 825,201 | 892,120 | 980,473 | 853,367 | 674,093 | 613,199 |
| Working capital turnover | 3.49 | 3.52 | 3.83 | 3.82 | 3.22 | 3.29 | 3.45 | 3.49 | 3.83 | 3.93 | 4.14 | 4.27 | 4.28 | 4.16 | 2.95 | 3.86 | 3.83 | 3.67 | 3.66 | 3.52 |
August 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $7,798,480K ÷ ($3,494,820K – $1,258,810K)
= 3.49