Crane Company (CR)
Working capital turnover
| Dec 31, 2023 | ||
|---|---|---|
| Revenue | US$ in thousands | 2,063,700 |
| Total current assets | US$ in thousands | 1,090,800 |
| Total current liabilities | US$ in thousands | 467,100 |
| Working capital turnover | 3.31 |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,063,700K ÷ ($1,090,800K – $467,100K)
= 3.31
Peer comparison
Dec 31, 2023
Company name
Symbol
Working capital turnover
Crane Company
CR
3.31
Barnes Group Inc
B
2.72
Crane NXT Co
CXT
4.49
Parker-Hannifin Corporation
PH
—
Watts Water Technologies Inc
WTS
3.13