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.
Peer comparison
Jul 31, 2024