Carlisle Companies Incorporated (CSL)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,003,600 | 5,008,200 | 4,934,400 | 5,009,700 | 4,805,800 | 5,132,900 | 5,667,200 | 5,988,200 | 6,591,900 | 6,513,300 | 6,034,800 | 5,365,700 | 4,810,300 | 4,498,400 | 4,309,500 | 4,155,900 | 4,245,200 | 4,325,400 | 4,479,300 | 4,769,900 |
| Total current assets | US$ in thousands | 1,926,300 | 2,911,400 | 3,152,100 | 3,463,400 | 3,408,100 | 3,657,000 | 379,300 | 2,152,300 | 2,245,000 | 2,770,900 | 2,532,600 | 2,228,800 | 2,150,900 | 2,081,800 | 2,512,500 | 2,144,500 | 2,209,300 | 2,140,200 | 2,152,900 | 2,608,600 |
| Total current liabilities | US$ in thousands | 665,800 | 1,068,400 | 1,089,700 | 1,174,700 | 1,186,300 | 875,600 | 1,045,300 | 930,000 | 1,078,400 | 1,552,100 | 1,259,700 | 1,188,600 | 1,169,500 | 851,300 | 761,700 | 660,100 | 646,200 | 645,700 | 613,900 | 602,700 |
| Working capital turnover | 3.97 | 2.72 | 2.39 | 2.19 | 2.16 | 1.85 | — | 4.90 | 5.65 | 5.34 | 4.74 | 5.16 | 4.90 | 3.66 | 2.46 | 2.80 | 2.72 | 2.89 | 2.91 | 2.38 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $5,003,600K ÷ ($1,926,300K – $665,800K)
= 3.97
The working capital turnover for Carlisle Companies Incorporated has shown fluctuations over the reporting periods. The ratio has ranged from a low of 1.85 to a high of 5.65. A higher working capital turnover ratio indicates that the company is efficiently using its working capital to generate sales revenue.
From March 31, 2020, to December 31, 2022, the ratio generally increased, peaking at 5.65 in December 31, 2022, indicating an improvement in the company's ability to generate sales from its working capital. This trend suggests that Carlisle Companies Incorporated effectively managed its working capital during this period.
However, in the subsequent periods, the ratio fluctuated, indicating some variability in the efficiency of working capital management. Notably, the working capital turnover ratio took a significant dip to 1.85 on September 30, 2023, before recovering in the following periods.
Overall, it is important for Carlisle Companies Incorporated to monitor its working capital turnover consistently to ensure efficient utilization of working capital and sustain its business operations effectively.
Peer comparison
Dec 31, 2024