Cencora Inc. (COR)
Working capital turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 293,959,000 | 262,173,000 | 238,587,000 | 213,989,000 | 189,894,000 |
| Total current assets | US$ in thousands | 47,717,800 | 42,798,800 | 39,589,800 | 38,802,600 | 33,055,700 |
| Total current liabilities | US$ in thousands | 54,277,100 | 48,831,200 | 43,478,000 | 41,358,600 | 33,853,100 |
| Working capital turnover | — | — | — | — | — |
September 30, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $293,959,000K ÷ ($47,717,800K – $54,277,100K)
= —
To calculate working capital turnover, we need both the current assets and current liabilities figures for each year. As this information is not provided in the table, we are unable to compute the working capital turnover for Cencora Inc. at this time. The working capital turnover ratio is a measure of how efficiently a company utilizes its working capital to generate sales revenue. It indicates the number of times a company's working capital is turned over in a given period, reflecting its ability to use its current assets and current liabilities effectively in supporting its operations.
If the specific numerical data for current assets and current liabilities in the respective years were available, we could calculate the working capital turnover for Cencora Inc. and provide a detailed analysis of how effectively the company is managing its working capital to generate sales.
Peer comparison
Sep 30, 2024