Cisco Systems Inc (CSCO)
Working capital turnover
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Jul 27, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 56,654,000 | 55,623,000 | 55,724,000 | 54,435,000 | 52,960,000 | 52,109,000 | 50,539,000 | 52,505,000 | 54,704,000 | 57,116,000 | 59,550,000 | 59,453,000 | 59,379,000 | 57,768,000 | 56,170,000 | 55,231,000 | 54,303,000 | 53,813,000 | 53,334,000 | 52,537,000 |
| Total current assets | US$ in thousands | 35,341,000 | 32,816,000 | 34,681,000 | 35,752,000 | 36,862,000 | 36,862,000 | 35,886,000 | 35,886,000 | 42,127,000 | 42,127,000 | 39,659,000 | 39,659,000 | 43,348,000 | 43,348,000 | 39,950,000 | 39,950,000 | 38,515,000 | 38,515,000 | 36,141,000 | 36,141,000 |
| Total current liabilities | US$ in thousands | 35,064,000 | 34,495,000 | 40,019,000 | 40,542,000 | 40,584,000 | 40,584,000 | 40,108,000 | 40,108,000 | 30,851,000 | 30,851,000 | 27,035,000 | 27,035,000 | 31,309,000 | 31,309,000 | 28,719,000 | 28,719,000 | 27,252,000 | 27,252,000 | 24,896,000 | 24,896,000 |
| Working capital turnover | 204.53 | — | — | — | — | — | — | — | 4.85 | 5.07 | 4.72 | 4.71 | 4.93 | 4.80 | 5.00 | 4.92 | 4.82 | 4.78 | 4.74 | 4.67 |
July 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $56,654,000K ÷ ($35,341,000K – $35,064,000K)
= 204.53
The analysis of Cisco Systems Inc.'s working capital turnover ratio over the observed periods indicates variability within a generally stable range, with notable fluctuations at the latest measurement points. From October 2022 through early 2024, the ratio oscillated modestly between approximately 4.67 and 5.07, suggesting relatively consistent efficiency in managing working capital relative to sales. The ratio stabilized around 4.7 to 4.9 during this interval, reflecting a pattern of efficient liquidity and asset utilization.
However, the data reveals an extraordinary spike in the ratio to 204.53 in July 2025, which is markedly abnormal and indicative of potential reporting errors, data anomalies, or extraordinary financial conditions. Such an unusually high ratio implies an exceedingly rapid turnover of working capital relative to sales, likely driven by atypical factors such as drastic changes in accounts receivable, accounts payable, or inventory levels, or possibly data inaccuracies.
Overall, the observed trend depicts stable operational efficiency with minor fluctuations until near the end of the reporting period, where the atypical surge necessitates cautious interpretation. Additional examination of underlying financial details and verification of data accuracy are recommended to contextualize this extraordinary figure.
Peer comparison
Jul 31, 2025