CSW Industrials Inc (CSWI)
Working capital turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 878,301 | 792,840 | 757,904 | 626,435 | 419,205 |
| Total current assets | US$ in thousands | 592,861 | 331,410 | 323,056 | 300,147 | 214,553 |
| Total current liabilities | US$ in thousands | 147,202 | 115,836 | 108,039 | 117,402 | 82,748 |
| Working capital turnover | 1.97 | 3.68 | 3.52 | 3.43 | 3.18 |
March 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $878,301K ÷ ($592,861K – $147,202K)
= 1.97
CSW Industrials Inc's working capital turnover has shown a positive trend over the past five years, increasing from 3.18 in March 31, 2021, to 3.68 in March 31, 2024. This indicates that the company has been able to efficiently utilize its working capital to generate sales revenue during this period. However, there was a noticeable drop in the ratio to 1.97 in March 31, 2025, which may suggest a decline in efficiency in utilizing working capital to generate sales. It would be beneficial for the company to investigate the reasons behind this decrease and take necessary steps to improve the efficiency of its working capital management. Overall, the trend suggests that CSW Industrials Inc has been relatively effective in utilizing its working capital to support its sales operations, but there is room for improvement based on the latest data.
Peer comparison
Mar 31, 2025