Cisco Systems Inc (CSCO)
Working capital turnover
| Jul 27, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 23, 2021 | Oct 24, 2020 | Jul 25, 2020 | Apr 25, 2020 | Jan 25, 2020 | Oct 26, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 53,861,000 | 54,725,000 | 56,850,000 | 57,686,000 | 56,684,000 | 54,607,000 | 52,878,000 | 52,057,000 | 51,376,000 | 51,430,000 | 51,447,000 | 50,675,000 | 49,690,000 | 48,753,000 | 47,905,000 | 47,902,000 | 49,041,000 | 50,315,000 | 51,084,000 | 51,453,000 |
| Total current assets | US$ in thousands | 36,862,000 | 35,886,000 | 42,127,000 | 39,659,000 | 43,348,000 | 39,950,000 | 38,515,000 | 36,141,000 | 36,717,000 | 35,981,000 | 36,799,000 | 37,588,000 | 39,112,000 | 37,060,000 | 43,911,000 | 42,989,000 | 43,573,000 | 41,307,000 | 40,053,000 | 41,716,000 |
| Total current liabilities | US$ in thousands | 40,584,000 | 40,108,000 | 30,851,000 | 27,035,000 | 31,309,000 | 28,719,000 | 27,252,000 | 24,896,000 | 25,640,000 | 24,150,000 | 25,915,000 | 23,238,000 | 26,257,000 | 24,262,000 | 27,268,000 | 26,991,000 | 25,331,000 | 25,937,000 | 22,088,000 | 24,597,000 |
| Working capital turnover | — | — | 5.04 | 4.57 | 4.71 | 4.86 | 4.69 | 4.63 | 4.64 | 4.35 | 4.73 | 3.53 | 3.87 | 3.81 | 2.88 | 2.99 | 2.69 | 3.27 | 2.84 | 3.01 |
July 27, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $53,861,000K ÷ ($36,862,000K – $40,584,000K)
= —
The working capital turnover ratio for Cisco Systems Inc has shown fluctuations over the past few years. The ratio indicates how efficiently the company is managing its working capital to generate sales revenue.
The ratios have varied between a low of 2.69 to a high of 5.04. A higher working capital turnover ratio generally suggests that the company is effectively utilizing its current assets to support its sales activities.
In analyzing the trend, we observe that the ratio has generally been above 4, indicating that Cisco has been effectively utilizing its working capital to support its operations and generate revenue. However, there was a slight decrease in the ratio from Jan 2022 to Jan 2023, which could be an area for further investigation into potential changes in the company's working capital management practices.
Overall, the working capital turnover ratio for Cisco Systems Inc suggests that the company has been efficiently managing its current assets to support its sales revenue generation, although there have been some fluctuations in the ratio over the analyzed period.
Peer comparison
Jul 27, 2024