Dycom Industries Inc (DY)
Working capital turnover
| Jan 31, 2025 | Oct 31, 2024 | Oct 26, 2024 | Jul 31, 2024 | Jul 27, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,557,750 | 4,668,830 | 4,803,840 | 4,683,070 | 4,432,465 | 4,189,320 | 4,183,010 | 4,171,540 | 4,260,625 | 4,344,990 | 4,254,350 | 4,165,750 | 4,041,676 | 3,922,322 | 3,919,272 | 3,914,322 | 3,969,129 | 4,018,056 | 3,851,936 | 3,576,447 |
| Total current assets | US$ in thousands | 1,694,630 | 1,896,820 | 1,896,820 | 1,760,660 | 1,760,660 | 1,626,820 | 1,626,820 | 1,550,040 | 1,550,040 | 1,708,730 | 1,708,730 | 1,555,250 | 1,555,250 | 1,483,840 | 1,483,840 | 1,492,680 | 1,492,680 | 1,513,020 | 1,513,020 | 1,433,800 |
| Total current liabilities | US$ in thousands | 587,153 | 608,475 | 608,475 | 511,103 | 511,103 | 513,554 | 513,554 | 506,304 | 506,304 | 488,820 | 488,820 | 459,446 | 459,446 | 433,074 | 433,074 | 469,551 | 469,551 | 471,100 | 471,100 | 432,145 |
| Working capital turnover | 4.12 | 3.62 | 3.73 | 3.75 | 3.55 | 3.76 | 3.76 | 4.00 | 4.08 | 3.56 | 3.49 | 3.80 | 3.69 | 3.73 | 3.73 | 3.83 | 3.88 | 3.86 | 3.70 | 3.57 |
January 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $4,557,750K ÷ ($1,694,630K – $587,153K)
= 4.12
The working capital turnover of Dycom Industries Inc has shown some fluctuations over the periods presented in the data. The ratio indicates how efficiently the company is utilizing its working capital to generate revenue.
The working capital turnover ratio increased from 3.57 in July 2022 to a peak of 4.12 in January 2025. This suggests that Dycom Industries Inc improved its efficiency in utilizing working capital to generate sales during this period.
There were some fluctuations in the ratio within the given timeframe, with slight decreases and increases observed. However, overall, the trend shows a positive trajectory, indicating that the company has been able to effectively manage its working capital to support its operations and revenue generation activities.
It is important to note that while the working capital turnover ratio provides insight into the efficiency of working capital utilization, it should be assessed in conjunction with other financial metrics and factors impacting the company's operations for a comprehensive analysis of Dycom Industries Inc's financial performance and liquidity management.
Peer comparison
Jan 31, 2025