Domino's Pizza Inc Common Stock (DPZ)
Working capital turnover
| Dec 31, 2024 | Sep 8, 2024 | Jun 16, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 10, 2023 | Jun 18, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 11, 2022 | Jun 19, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 12, 2021 | Jun 20, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 6, 2020 | Jun 14, 2020 | Mar 22, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,706,420 | 4,665,480 | 4,612,720 | 4,539,610 | 4,479,360 | 4,468,620 | 4,509,860 | 4,550,410 | 4,537,160 | 4,488,140 | 4,417,530 | 4,384,820 | 4,357,368 | 4,370,728 | 4,340,457 | 4,228,010 | 4,117,414 | 3,911,194 | 3,764,287 | 3,655,911 |
| Total current assets | US$ in thousands | 905,278 | 872,257 | 986,098 | 894,466 | 817,291 | 795,632 | 799,618 | 827,739 | 790,654 | 826,398 | 845,870 | 861,237 | 860,540 | 1,026,000 | 980,850 | 925,802 | 869,384 | 956,521 | 927,109 | 794,374 |
| Total current liabilities | US$ in thousands | 1,612,460 | 510,508 | 507,828 | 509,593 | 547,350 | 562,941 | 547,528 | 556,365 | 536,621 | 578,737 | 575,449 | 594,824 | 590,741 | 596,354 | 554,354 | 501,835 | 470,819 | 488,525 | 459,868 | 452,169 |
| Working capital turnover | — | 12.90 | 9.64 | 11.80 | 16.59 | 19.20 | 17.89 | 16.77 | 17.86 | 18.12 | 16.34 | 16.46 | 16.15 | 10.17 | 10.18 | 9.97 | 10.33 | 8.36 | 8.06 | 10.68 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $4,706,420K ÷ ($905,278K – $1,612,460K)
= —
The working capital turnover ratio for Domino's Pizza Inc Common Stock has shown fluctuations over the past few years, ranging from a low of 8.06 in June 2020 to a high of 19.20 in September 2023. This ratio measures the efficiency of the company in utilizing its working capital to generate sales revenue. A higher ratio indicates that the company is able to generate more sales with its working capital, reflecting efficient management of its current assets and liabilities.
In the most recent period, December 31, 2024, the working capital turnover ratio is not provided in the data. However, based on the trend observed in the previous periods, there was a significant increase in the ratio leading up to September 2023, followed by a slight decrease in the subsequent periods. This could suggest that the company was effectively utilizing its working capital to drive sales growth, but there may have been some fluctuations in efficiency in the most recent periods.
It is important for investors and stakeholders to monitor the working capital turnover ratio consistently to assess the company's operational efficiency and financial health. Overall, the variation in the working capital turnover ratio for Domino's Pizza Inc Common Stock indicates changes in the company's ability to effectively manage its working capital and convert it into sales revenue.
Peer comparison
Dec 31, 2024