Domino's Pizza Inc Common Stock (DPZ)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,706,420 | 4,479,360 | 4,537,160 | 4,357,370 | 4,117,410 |
| Total current assets | US$ in thousands | 905,278 | 817,291 | 790,654 | 860,540 | 869,384 |
| Total current liabilities | US$ in thousands | 1,612,460 | 547,350 | 536,621 | 590,741 | 470,819 |
| Working capital turnover | — | 16.59 | 17.86 | 16.15 | 10.33 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,706,420K ÷ ($905,278K – $1,612,460K)
= —
Domino's Pizza Inc Common Stock's working capital turnover has shown a positive trend over the past four years, increasing from 10.33 in December 31, 2020, to 16.15 in December 31, 2021, further rising to 17.86 in December 31, 2022. In December 31, 2023, there was a slight decrease to 16.59. Unfortunately, there is no data available for December 31, 2024.
This indicates that Domino's Pizza Inc has been efficiently utilizing its working capital to generate revenue from its operations, with a notable improvement in turnover efficiency between 2020 and 2022. However, the slight decrease in 2023 suggests a potential need to monitor and optimize working capital management strategies to sustain or improve efficiency in the future.
Peer comparison
Dec 31, 2024