Cencora Inc. (COR)
Working capital turnover
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 293,958,600 | 283,830,800 | 276,536,400 | 271,579,300 | 262,173,300 | 254,425,100 | 247,542,700 | 241,804,900 | 238,586,900 | 236,325,200 | 229,666,300 | 221,101,100 | 213,988,900 | 204,321,300 | 196,282,400 | 194,545,800 | 189,893,900 | 186,286,900 | 186,159,400 | 182,061,400 |
| Total current assets | US$ in thousands | 47,717,800 | 47,307,300 | 44,161,100 | 44,858,700 | 42,798,800 | 40,986,600 | 39,989,600 | 40,708,100 | 39,589,800 | 39,744,500 | 39,409,700 | 39,378,900 | 38,802,600 | 37,259,800 | 35,469,100 | 34,700,200 | 33,055,700 | 29,918,600 | 31,180,600 | 28,954,800 |
| Total current liabilities | US$ in thousands | 54,277,100 | 52,973,900 | 49,761,800 | 50,773,500 | 48,831,200 | 46,783,200 | 45,071,100 | 44,760,600 | 43,478,000 | 43,154,300 | 42,797,600 | 41,613,600 | 41,358,600 | 39,589,800 | 32,996,400 | 35,044,500 | 33,853,100 | 30,631,600 | 32,111,800 | 30,630,500 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 79.38 | — | — | — | — | — |
September 30, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $293,958,600K ÷ ($47,717,800K – $54,277,100K)
= —
Based on the provided data, the working capital turnover ratio for Cencora Inc. was not available for the periods leading up to December 31, 2020. However, as of March 31, 2021, the working capital turnover ratio was calculated to be 79.38. This ratio indicates that for every dollar of working capital invested, the company generated $79.38 in net sales revenue during that period.
Unfortunately, without additional data points before or after this period, it is challenging to provide a trend analysis or make a comparative assessment of the company's working capital turnover performance over time. To gain a more comprehensive understanding of Cencora Inc.'s working capital efficiency, it would be beneficial to analyze the trend of this ratio over additional consecutive periods and compare it with industry benchmarks for a more insightful evaluation.
Peer comparison
Sep 30, 2024