Cisco Systems Inc (CSCO)

Working capital turnover

Jul 31, 2024 Jul 27, 2024 Jul 31, 2023 Jul 29, 2023 Jul 31, 2022
Revenue US$ in thousands 53,803,000 53,861,000 56,998,000 56,682,000 51,557,000
Total current assets US$ in thousands 36,862,000 36,862,000 43,348,000 43,348,000 36,717,000
Total current liabilities US$ in thousands 40,584,000 40,584,000 31,309,000 31,309,000 25,640,000
Working capital turnover 4.73 4.71 4.65

July 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $53,803,000K ÷ ($36,862,000K – $40,584,000K)
= —

The working capital turnover ratio for Cisco Systems Inc has displayed a consistent increase over the years, rising from 4.65 in July 31, 2022, to 4.73 in July 31, 2023. This indicates that the company is able to efficiently utilize its working capital to generate sales revenue. However, it is noted that there is missing data for July 27, 2024, and July 31, 2024, which could potentially affect the trend analysis. Overall, the upward trend in the working capital turnover ratio suggests that Cisco Systems Inc is effectively managing its working capital to support its operations and generate sales.


See also:

Cisco Systems Inc Working Capital Turnover