Dycom Industries Inc (DY)
Working capital turnover
| Jan 31, 2025 | Jan 31, 2024 | Jan 27, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,769,880 | 4,175,570 | 4,151,320 | 3,808,460 | 3,784,600 |
| Total current assets | US$ in thousands | 1,694,630 | 1,550,040 | 1,550,040 | 1,492,680 | 1,492,680 |
| Total current liabilities | US$ in thousands | 587,153 | 506,304 | 506,304 | 469,551 | 469,551 |
| Working capital turnover | 3.40 | 4.00 | 3.98 | 3.72 | 3.70 |
January 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $3,769,880K ÷ ($1,694,630K – $587,153K)
= 3.40
The working capital turnover for Dycom Industries Inc has shown an increasing trend over the analyzed period from January 28, 2023, to January 31, 2025. The ratio increased from 3.70 in January 28, 2023, to 4.00 in January 31, 2024, indicating that the company generated $4.00 in revenue for every dollar of working capital invested. This suggests that Dycom Industries Inc is efficiently utilizing its working capital to generate sales. However, there was a slight decrease to 3.40 in January 31, 2025, which could indicate a need for closer monitoring of working capital management to maintain optimal efficiency. Overall, the company's working capital turnover reflects a positive trend, showcasing the effectiveness of its working capital management in generating revenue.
Peer comparison
Jan 31, 2025