Campbell Soup Company Common Stock (CPB)
Working capital turnover
| Jul 28, 2024 | Jul 30, 2023 | Jul 31, 2022 | Aug 1, 2021 | Aug 2, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 9,636,000 | 9,357,000 | 8,562,000 | 8,476,000 | 8,691,000 |
| Total current assets | US$ in thousands | 2,190,000 | 2,061,000 | 1,963,000 | 1,695,000 | 2,385,000 |
| Total current liabilities | US$ in thousands | 3,576,000 | 2,222,000 | 2,886,000 | 1,814,000 | 3,075,000 |
| Working capital turnover | — | — | — | — | — |
July 28, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $9,636,000K ÷ ($2,190,000K – $3,576,000K)
= —
To calculate the working capital turnover for Campbell Soup Company Common Stock, we need specific data points for both working capital and sales. Unfortunately, the table provided does not include the necessary information to compute the working capital turnover ratio for the years in question.
The working capital turnover ratio is typically calculated by dividing net sales by average working capital. This ratio helps measure how efficiently a company is utilizing its working capital to generate sales revenue. A higher ratio indicates better efficiency in utilizing working capital.
If the specific data for working capital and sales figures are made available, we could calculate the working capital turnover ratio for Campbell Soup Company Common Stock for the respective years to provide a detailed analysis.
Peer comparison
Jul 28, 2024