CommVault Systems Inc (CVLT)
Working capital turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 995,619 | 839,247 | 784,590 | 769,591 | 723,472 |
| Total current assets | US$ in thousands | 635,057 | 595,126 | 550,914 | 484,081 | 607,600 |
| Total current liabilities | US$ in thousands | 555,050 | 484,928 | 410,076 | 394,064 | 373,202 |
| Working capital turnover | 12.44 | 7.62 | 5.57 | 8.55 | 3.09 |
March 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $995,619K ÷ ($635,057K – $555,050K)
= 12.44
CommVault Systems Inc's working capital turnover has shown a positive trend over the past five years. The company's working capital turnover ratio increased from 3.09 in March 2021 to 12.44 in March 2025. This indicates that the company is effectively utilizing its working capital to generate revenue.
The significant improvement in the working capital turnover ratio reflects the company's ability to efficiently manage its current assets and liabilities to support its operations. A higher turnover ratio suggests that the company is generating sales more efficiently with less working capital investment.
Overall, the increasing trend in CommVault Systems Inc's working capital turnover ratio signifies improved operational efficiency and effective management of working capital resources. This may indicate better financial health and performance for the company in utilizing its resources to drive revenue growth.
Peer comparison
Mar 31, 2025