CONMED Corporation (CNMD)
Working capital turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,347,471 | 1,326,246 | 1,315,998 | 1,307,015 | 1,288,116 | 1,275,993 | 1,261,548 | 1,244,743 | 1,168,565 | 1,139,075 | 1,098,613 | 1,045,472 | 1,068,575 | 1,042,314 | 1,020,285 | 1,010,635 | 989,493 | 978,501 | 881,125 | 862,458 |
| Total current assets | US$ in thousands | 662,158 | 657,780 | 639,000 | 640,007 | 640,999 | 623,833 | 635,724 | 615,649 | 625,649 | 615,522 | 610,088 | 581,226 | 574,243 | 577,188 | 488,300 | 460,123 | 443,405 | 443,180 | 424,369 | 416,654 |
| Total current liabilities | US$ in thousands | 314,699 | 294,838 | 283,148 | 278,130 | 282,311 | 266,412 | 291,404 | 310,729 | 376,319 | 353,169 | 320,686 | 296,552 | 208,579 | 201,093 | 187,597 | 196,646 | 183,192 | 198,458 | 182,155 | 190,201 |
| Working capital turnover | 3.88 | 3.65 | 3.70 | 3.61 | 3.59 | 3.57 | 3.66 | 4.08 | 4.69 | 4.34 | 3.80 | 3.67 | 2.92 | 2.77 | 3.39 | 3.84 | 3.80 | 4.00 | 3.64 | 3.81 |
September 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $1,347,471K ÷ ($662,158K – $314,699K)
= 3.88
Peer comparison
Sep 30, 2025
Company name
Symbol
Working capital turnover
CONMED Corporation
CNMD
3.88
Abbott Laboratories
ABT
4.27
Stryker Corporation
SYK
3.61