Brinker International Inc (EAT)
Working capital turnover
Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 4,415,100 | 4,133,200 | 3,804,100 | 3,337,800 | 3,078,500 |
Total current assets | US$ in thousands | 234,100 | 183,300 | 201,200 | 207,200 | 224,400 |
Total current liabilities | US$ in thousands | 622,300 | 535,900 | 558,000 | 571,600 | 497,900 |
Working capital turnover | — | — | — | — | — |
June 30, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,415,100K ÷ ($234,100K – $622,300K)
= —
To calculate Brinker International Inc's working capital turnover ratio, we need the relevant figures for current assets and current liabilities for the respective years. Working capital turnover is calculated as net sales divided by average working capital. This ratio provides insight into how efficiently the company is utilizing its working capital to generate sales.
Unfortunately, without the specific data for current assets and current liabilities for the given years, we are unable to compute the working capital turnover for Brinker International Inc. However, analyzing this ratio over multiple years would have allowed us to assess the trend in the efficiency of the company's working capital management. A higher turnover ratio would typically indicate better efficiency in utilizing working capital to generate revenue.
Therefore, in the absence of the required data, a detailed analysis of Brinker International Inc's working capital turnover ratio cannot be provided at this time.
Peer comparison
Jun 30, 2024