Campbell Soup Company Common Stock (CPB)
Working capital turnover
| Jul 31, 2024 | Jul 28, 2024 | Jul 31, 2023 | Jul 30, 2023 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 9,636,000 | 9,636,000 | 9,357,000 | 9,357,000 | 8,562,000 |
| Total current assets | US$ in thousands | 2,190,000 | 2,190,000 | 2,061,000 | 2,061,000 | 1,963,000 |
| Total current liabilities | US$ in thousands | 3,576,000 | 3,576,000 | 2,222,000 | 2,222,000 | 2,886,000 |
| Working capital turnover | — | — | — | — | — |
July 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $9,636,000K ÷ ($2,190,000K – $3,576,000K)
= —
The data provided for Campbell Soup Company Common Stock indicates that the working capital turnover ratio is not available for the periods specified. This may suggest that the company does not disclose this specific ratio publicly or that the calculation of the ratio is not applicable based on the financial information provided.
Without the specific figures for working capital turnover, it is challenging to assess how efficiently Campbell Soup Company is utilizing its working capital to generate sales revenue. This ratio is important as it reflects the effectiveness of a company in managing its working capital to support its operations.
In the absence of this data, it is recommended to consider other key financial ratios and metrics to gain a comprehensive understanding of the company's financial performance and liquidity position. Evaluating additional ratios such as current ratio, quick ratio, and inventory turnover can provide insights into Campbell Soup Company's overall financial health and operational efficiency.
Peer comparison
Jul 31, 2024