Enersys (ENS)

Working capital turnover

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jul 5, 2020
Revenue (ttm) US$ in thousands 3,617,579 3,553,458 3,508,854 3,526,218 3,581,902 3,661,125 3,719,804 3,718,208 3,708,579 3,625,635 3,549,414 3,441,372 3,357,294 3,263,794 3,170,855 3,087,862 2,977,893 2,869,293 2,900,026 2,955,322
Total current assets US$ in thousands 2,089,810 2,172,990 2,056,370 1,849,100 1,782,700 1,772,280 1,786,250 1,753,050 1,895,880 1,870,190 1,960,680 2,012,190 1,993,190 1,843,450 1,768,860 1,699,800 1,691,320 1,684,150 1,564,080 1,524,940
Total current liabilities US$ in thousands 775,068 710,401 692,438 685,793 723,857 662,895 665,267 635,651 718,320 669,961 672,491 655,431 738,130 622,061 604,833 604,743 676,988 605,632 566,854 543,281
Working capital turnover 2.75 2.43 2.57 3.03 3.38 3.30 3.32 3.33 3.15 3.02 2.76 2.54 2.68 2.67 2.72 2.82 2.94 2.66 2.91 3.01

March 31, 2025 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,617,579K ÷ ($2,089,810K – $775,068K)
= 2.75

Enersys' working capital turnover has shown variation over the last few years, ranging from a high of 3.38 on March 31, 2024, to a low of 2.43 on December 31, 2024. The working capital turnover ratio measures how efficiently a company manages its working capital to generate sales.

The trend in Enersys' working capital turnover indicates fluctuations in the efficiency of its working capital management. Generally, a higher turnover ratio is favorable as it suggests that the company is efficiently using its working capital to generate revenue. Conversely, a lower turnover ratio may indicate inefficiencies in managing working capital.

It is important for Enersys to closely monitor its working capital turnover and aim to maintain a balance between having enough working capital to support its operations and ensuring it is being utilized efficiently to drive sales. Additionally, analyzing the reasons behind the fluctuations in the ratio can provide insights into the company's financial performance and operational efficiency.


Peer comparison

Mar 31, 2025

Company name
Symbol
Working capital turnover
Enersys
ENS
2.75
WESCO International Inc
WCC
4.80