General Mills Inc (GIS)
Working capital turnover
| May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | May 31, 2022 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 19,857,200 | 2,037,800 | 20,094,200 | 1,957,400 | 18,992,800 |
| Total current assets | US$ in thousands | 4,580,900 | 4,580,900 | 5,176,400 | 5,176,400 | 5,089,800 |
| Total current liabilities | US$ in thousands | 7,033,100 | 7,033,100 | 7,535,700 | 7,535,700 | 8,019,900 |
| Working capital turnover | — | — | — | — | — |
May 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $19,857,200K ÷ ($4,580,900K – $7,033,100K)
= —
Based on the provided data for General Mills Inc, the working capital turnover for the years ending May 31, 2022, May 28, 2023, May 31, 2023, May 26, 2024, and May 31, 2024 is unavailable (indicated by "—"). This lack of information regarding the working capital turnover limits our ability to assess the efficiency of General Mills Inc in generating revenues relative to its working capital.
Without specific figures for working capital turnover, we are unable to determine how effectively the company is utilizing its working capital to support its operations and generate sales. It is essential to have access to this ratio to gain insights into the management of working capital and the company's overall operational efficiency.
Peer comparison
May 31, 2024