Crowdstrike Holdings Inc (CRWD)

Working capital turnover

		Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	US$ in thousands	3,953,620	3,055,560	2,241,240	1,451,590	874,438
Total current assets	US$ in thousands	6,113,340	4,757,310	3,640,270	2,570,950	2,292,270
Total current liabilities	US$ in thousands	3,461,050	2,697,280	2,109,070	1,406,830	863,553
Working capital turnover		1.49	1.48	1.46	1.25	0.61

January 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $3,953,620K ÷ ($6,113,340K – $3,461,050K)
= 1.49

Crowdstrike Holdings Inc's working capital turnover has shown a positive trend over the past five years, increasing from 0.61 in January 31, 2021, to 1.49 in January 31, 2025. This indicates that the company is becoming more efficient in utilizing its working capital to generate sales revenue. A working capital turnover ratio greater than 1 suggests that the company is effectively utilizing its current assets to support its operations and generate revenue. The steady increase in the working capital turnover ratio implies that Crowdstrike has improved its operational efficiency and liquidity management over the years. This trend indicates a positive sign of the company's ability to efficiently convert its working capital into sales, reflecting potential strengths in its working capital management.