Embecta Corp (EMBC)
Working capital turnover
| Sep 30, 2023 | Sep 30, 2022 | ||
|---|---|---|---|
| Revenue | US$ in thousands | 1,112,000 | 1,126,300 |
| Total current assets | US$ in thousands | 749,100 | 664,700 |
| Total current liabilities | US$ in thousands | 353,500 | 301,000 |
| Working capital turnover | 2.81 | 3.10 |
September 30, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,112,000K ÷ ($749,100K – $353,500K)
= 2.81
Peer comparison
Sep 30, 2023
Company name
Symbol
Working capital turnover
Embecta Corp
EMBC
2.81
3M Company
MMM
30.20
Artivion Inc
AORT
1.49
Baxter International Inc
BAX
4.79
Becton Dickinson and Company
BDX
9.52
Boston Scientific Corp
BSX
8.84
DexCom Inc
DXCM
1.26
Glaukos Corp
GKOS
0.94
Globus Medical
GMED
1.03
Haemonetics Corporation
HAE
5.54
ICU Medical Inc
ICUI
3.06