Campbell Soup Company Common Stock (CPB)

Working capital turnover

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Jul 28, 2024 Apr 30, 2024 Apr 28, 2024 Jan 31, 2024 Jan 28, 2024 Oct 31, 2023 Oct 29, 2023 Jul 31, 2023 Jul 30, 2023 Apr 30, 2023 Jan 31, 2023 Jan 29, 2023 Oct 31, 2022 Oct 30, 2022 Jul 31, 2022 May 1, 2022 Apr 30, 2022
Revenue (ttm) US$ in thousands 10,043,000 9,727,000 9,324,000 9,487,000 9,650,000 9,799,000 9,948,000 9,560,000 9,172,000 8,883,000 8,850,000 9,267,000 9,774,000 10,120,000 9,622,000 9,267,000 8,822,000 8,456,000 8,678,000 8,784,000
Total current assets US$ in thousands 3,181,000 3,137,000 2,190,000 2,190,000 2,139,000 2,139,000 2,070,000 2,070,000 2,239,000 2,239,000 2,061,000 2,061,000 2,104,000 2,087,000 2,087,000 2,304,000 2,304,000 1,963,000 1,852,000 1,852,000
Total current liabilities US$ in thousands 3,413,000 3,465,000 3,576,000 3,576,000 3,457,000 3,457,000 2,056,000 2,056,000 2,310,000 2,310,000 2,222,000 2,222,000 2,288,000 2,699,000 2,699,000 3,033,000 3,033,000 2,886,000 2,699,000 2,699,000
Working capital turnover 710.57 682.86

January 31, 2025 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $10,043,000K ÷ ($3,181,000K – $3,413,000K)
= —

The working capital turnover ratio for Campbell Soup Company Common Stock, as per the provided data, shows fluctuations over the reporting periods. The ratio is used to measure how efficiently the company utilizes its working capital to generate sales revenue.

Between January 28, 2024, and January 31, 2024, there was an increase in the working capital turnover from 682.86 to 710.57. This uptrend indicates an improvement in the company's ability to generate sales from its working capital during this period.

However, data is not available for other periods, making it challenging to assess the overall trend in the working capital turnover for Campbell Soup Company Common Stock. Without data for the other periods, it is difficult to provide a comprehensive analysis of the working capital turnover ratio and its implications for the company's operational efficiency.

In conclusion, the company's working capital turnover ratio improved between January 28, 2024, and January 31, 2024, but without additional data, a complete evaluation of its working capital management efficiency over the reported periods is not feasible.