Gen Digital Inc. (GEN)
Working capital turnover
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,812,000 | 3,338,000 | 2,796,000 | 2,551,000 | 2,490,000 |
| Total current assets | US$ in thousands | 1,358,000 | 1,233,000 | 2,260,000 | 1,538,000 | 3,079,000 |
| Total current liabilities | US$ in thousands | 2,648,000 | 2,849,000 | 3,065,000 | 2,136,000 | 2,622,000 |
| Working capital turnover | — | — | — | — | 5.45 |
March 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $3,812,000K ÷ ($1,358,000K – $2,648,000K)
= —
The working capital turnover ratio for Gen Digital Inc. is not available for the years 2020 through 2023 but was 5.45 for the year ended March 31, 2020. This indicates that in 2020, Gen Digital Inc. was able to effectively utilize its working capital to generate sales. However, without data for the subsequent years, it is challenging to assess the trend or make a comparative analysis of the company's performance in managing its working capital turnover. It is recommended to gather more recent data to evaluate the company's overall efficiency in utilizing its working capital in generating revenue.
Peer comparison
Mar 31, 2024