Dollar Tree Inc (DLTR)

Working capital turnover

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Revenue	US$ in thousands	17,578,500	30,603,800	30,603,800	28,331,700	28,331,700
Total current assets	US$ in thousands	9,107,200	6,132,700	6,132,700	6,367,100	6,367,100
Total current liabilities	US$ in thousands	8,585,900	4,696,700	4,696,700	4,225,200	4,225,200
Working capital turnover		33.72	21.31	21.31	13.23	13.23

January 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $17,578,500K ÷ ($9,107,200K – $8,585,900K)
= 33.72

The working capital turnover ratio for Dollar Tree Inc has shown a consistent upward trend over the past few years, reflecting the company's efficient management of working capital. The ratio increased from 13.23 in January 2023 to 33.72 in January 2025. This indicates that Dollar Tree Inc has been able to generate $33.72 in net sales for every dollar of working capital invested in the business, showcasing improved operational efficiency and liquidity management. The upward trajectory of the working capital turnover ratio suggests that the company has effectively utilized its current assets to support sales growth and maximize productivity.