Edgewell Personal Care Co (EPC)
Working capital turnover
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,253,700 | 2,270,200 | 2,272,400 | 2,271,400 | 2,251,600 | 2,254,400 | 2,228,200 | 2,177,500 | 2,171,700 | 2,178,000 | 2,127,900 | 2,099,500 | 2,087,300 | 2,032,900 | 1,943,100 | 1,946,800 | 1,949,700 | 1,988,900 | 2,114,200 | 2,137,900 |
| Total current assets | US$ in thousands | 936,000 | 958,700 | 994,800 | 1,005,500 | 962,400 | 988,600 | 1,009,200 | 1,007,500 | 942,200 | 933,700 | 968,700 | 966,900 | 1,135,700 | 1,102,000 | 987,700 | 933,400 | 983,600 | 1,151,500 | 989,200 | 946,600 |
| Total current liabilities | US$ in thousands | 563,600 | 535,100 | 541,900 | 467,700 | 523,400 | 579,800 | 569,000 | 501,300 | 539,500 | 575,100 | 544,200 | 483,900 | 536,800 | 547,100 | 483,800 | 428,900 | 510,500 | 484,400 | 486,200 | 462,500 |
| Working capital turnover | 6.05 | 5.36 | 5.02 | 4.22 | 5.13 | 5.51 | 5.06 | 4.30 | 5.39 | 6.07 | 5.01 | 4.35 | 3.49 | 3.66 | 3.86 | 3.86 | 4.12 | 2.98 | 4.20 | 4.42 |
September 30, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $2,253,700K ÷ ($936,000K – $563,600K)
= 6.05
The working capital turnover of Edgewell Personal Care Co has shown fluctuations over the periods analyzed. The average working capital turnover ratio for the most recent periods has been around 5, indicating that the company is generating sales revenue approximately 5 times the value of its working capital.
A higher working capital turnover ratio suggests that the company is efficiently utilizing its working capital to generate sales. This efficiency can be attributed to effective management of inventory, accounts receivable, and accounts payable.
It is important to note that during some quarters, such as in the most recent quarter, the working capital turnover ratio increased significantly, reaching 6.05. This may indicate improved efficiency in managing working capital and generating sales revenue compared to previous periods.
Conversely, there were quarters where the working capital turnover ratio decreased, which could be a result of various factors such as changes in sales volume, inventory levels, or payment terms with customers and suppliers.
Overall, the trend of the working capital turnover ratio for Edgewell Personal Care Co shows variability, but the company has generally maintained a level of efficiency in utilizing its working capital to generate sales revenue.
Peer comparison
Sep 30, 2024