Fastenal Company (FAST)
Working capital turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 8,200,400 | 7,997,500 | 7,774,400 | 7,610,300 | 7,546,000 | 7,480,100 | 7,415,800 | 7,382,700 | 7,346,700 | 7,283,700 | 7,240,200 | 7,135,700 | 6,980,700 | 6,817,000 | 6,568,800 | 6,297,900 | 6,010,800 | 5,836,900 | 5,696,000 | 5,697,300 |
| Total current assets | US$ in thousands | 3,472,100 | 3,546,100 | 3,461,700 | 3,358,000 | 3,211,900 | 3,260,500 | 3,146,700 | 3,083,500 | 3,020,900 | 3,147,600 | 3,137,000 | 3,161,500 | 3,124,800 | 3,195,600 | 3,152,700 | 3,034,000 | 2,856,600 | 2,770,300 | 2,705,300 | 2,614,200 |
| Total current liabilities | US$ in thousands | 715,600 | 832,700 | 820,300 | 785,200 | 687,100 | 741,600 | 717,000 | 637,900 | 661,300 | 667,900 | 736,600 | 863,200 | 789,800 | 802,600 | 849,000 | 745,500 | 682,200 | 662,500 | 650,200 | 661,200 |
| Working capital turnover | 2.97 | 2.95 | 2.94 | 2.96 | 2.99 | 2.97 | 3.05 | 3.02 | 3.11 | 2.94 | 3.02 | 3.10 | 2.99 | 2.85 | 2.85 | 2.75 | 2.76 | 2.77 | 2.77 | 2.92 |
December 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $8,200,400K ÷ ($3,472,100K – $715,600K)
= 2.97
Peer comparison
Dec 31, 2025
Company name
Symbol
Working capital turnover
Fastenal Company
FAST
2.97
MSC Industrial Direct Company Inc
MSM
7.58