Exponent Inc (EXPO)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 558,514 | 536,766 | 513,293 | 466,269 | 399,900 |
| Total current assets | US$ in thousands | 446,881 | 379,532 | 349,157 | 452,762 | 366,832 |
| Total current liabilities | US$ in thousands | 163,183 | 161,909 | 159,029 | 152,982 | 117,308 |
| Working capital turnover | 1.97 | 2.47 | 2.70 | 1.56 | 1.60 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $558,514K ÷ ($446,881K – $163,183K)
= 1.97
Exponent Inc's working capital turnover has shown some fluctuations over the years based on the provided data. The ratio was 1.60 in 2020 and slightly decreased to 1.56 in 2021. However, there was a notable increase in 2022 to 2.70, indicating a more efficient utilization of working capital during that period. In 2023, the ratio decreased to 2.47 but remained relatively high compared to the earlier years. In 2024, there was another decline to 1.97, which, while lower than the peak in 2022, still suggests a reasonable turnover of working capital. Overall, Exponent Inc has demonstrated varying levels of efficiency in managing its working capital turnover during the analyzed period.
Peer comparison
Dec 31, 2024