DocuSign Inc (DOCU)

Working capital turnover

Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021
Revenue US$ in thousands 2,976,740 2,755,040 2,509,530 2,100,770 1,390,400
Total current assets US$ in thousands 1,489,260 1,567,670 1,631,000 1,319,600 1,162,350
Total current liabilities US$ in thousands 1,831,910 1,660,620 2,208,320 1,371,640 1,093,170
Working capital turnover — — — — 20.10

January 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,976,740K ÷ ($1,489,260K – $1,831,910K)
= —

The working capital turnover ratio for DocuSign Inc as of January 31, 2021, stands at 20.10. This indicates that the company is efficiently utilizing its working capital to generate sales revenue. However, as data is unavailable for the subsequent years (2022, 2023, 2024, and 2025), we lack the ability to assess any changes in the efficiency of working capital management over the years. It would be beneficial to monitor this ratio in the future to understand any potential shifts in the company's working capital utilization.