Dick’s Sporting Goods Inc (DKS)
Working capital turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 13,442,800 | 13,017,800 | 12,984,400 | 12,368,200 | 12,284,800 |
| Total current assets | US$ in thousands | 5,417,710 | 4,890,050 | 4,890,050 | 4,963,190 | 4,963,190 |
| Total current liabilities | US$ in thousands | 3,080,060 | 2,752,390 | 2,752,390 | 2,641,450 | 2,641,450 |
| Working capital turnover | 5.75 | 6.09 | 6.07 | 5.33 | 5.29 |
January 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $13,442,800K ÷ ($5,417,710K – $3,080,060K)
= 5.75
Based on the data provided, Dick’s Sporting Goods Inc's working capital turnover has shown a generally positive trend over the years, indicating the company's ability to efficiently utilize its working capital to generate sales.
The working capital turnover ratio has increased from 5.29 in January 28, 2023, to 5.75 in January 31, 2025. This suggests that the company has been able to convert its working capital into sales at a faster pace, which is a positive sign of operational efficiency.
The peak in the working capital turnover ratio was observed in February 3, 2024, with a value of 6.09, indicating that Dick’s Sporting Goods Inc was able to generate sales more efficiently during that period.
Overall, the increasing trend in the working capital turnover ratio reflects the company's ability to effectively manage its working capital to support its business operations and drive revenue growth.
Peer comparison
Jan 31, 2025