Brinker International Inc (EAT)

Working capital turnover

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	US$ in thousands	5,384,200	4,415,100	4,133,200	3,804,100	3,337,800
Total current assets	US$ in thousands	207,000	234,100	183,300	201,200	207,200
Total current liabilities	US$ in thousands	675,600	622,300	535,900	558,000	571,600
Working capital turnover		—	—	—	—	—

June 30, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,384,200K ÷ ($207,000K – $675,600K)
= —

The provided data indicates that the working capital turnover ratio for Brinker International Inc has been reported as undefined ("—") for each fiscal year from June 30, 2021, through June 30, 2025. The consistent absence of numerical values suggests that the ratio was either not computed or not applicable during this period.

The working capital turnover ratio measures how efficiently a company utilizes its working capital to generate sales, calculated as net sales divided by working capital (current assets minus current liabilities). A lack of data in this metric implies that either the company maintained minimal or negligible working capital levels or the necessary data for calculation was unavailable or not reported.

The absence of this ratio over multiple years can be indicative of several scenarios:
- The company's working capital levels may have been insufficient or extremely volatile, rendering the ratio unreliable or undefined.
- There might have been consistent negative working capital, which can distort the ratio, particularly if current liabilities exceeded current assets.
- The company could have experienced restructuring, exceptional financial events, or strategic shifts leading to negligible or non-meaningful working capital figures.
- Alternatively, this metric may not have been a focus of reporting in the company's financial disclosures during these years.

In summary, the continuous absence of the working capital turnover ratio in the reported data underscores that either the ratio was not calculated due to data limitations or that Brinker International Inc's working capital management practices during this period resulted in no meaningful or detectable turnover ratio.