General Mills Inc (GIS)
Working capital turnover
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | May 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 19,644,300 | 19,638,700 | 19,497,800 | 19,627,200 | 20,052,700 | 20,237,700 | 20,043,200 | 19,853,400 | 19,744,000 | 19,857,000 | 20,078,200 | 20,331,800 | 20,522,500 | 20,517,100 | 20,108,800 | 20,128,300 | 19,798,800 | 19,665,300 | 19,485,400 | 19,045,900 |
| Total current assets | US$ in thousands | 5,256,000 | 7,381,400 | 4,813,600 | 4,580,900 | 4,580,900 | 4,654,500 | 4,654,500 | 5,045,600 | 5,045,600 | 5,107,000 | 5,107,000 | 5,176,400 | 5,176,400 | 5,116,000 | 5,116,000 | 5,330,600 | 5,330,600 | 5,134,000 | 5,134,000 | 5,089,800 |
| Total current liabilities | US$ in thousands | 7,876,200 | 8,024,300 | 7,289,400 | 7,033,100 | 7,033,100 | 7,061,900 | 7,061,900 | 7,902,200 | 7,902,200 | 7,067,800 | 7,067,800 | 7,535,700 | 7,535,700 | 9,418,300 | 9,418,300 | 9,208,200 | 9,208,200 | 8,595,500 | 8,595,500 | 8,019,900 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 28, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $19,644,300K ÷ ($5,256,000K – $7,876,200K)
= —
The working capital turnover ratio for General Mills Inc is not provided in the data for the periods mentioned. The working capital turnover ratio is typically calculated by dividing net sales by average working capital. This ratio indicates how efficiently the company is using its working capital to generate sales.
Without specific data points for working capital turnover, it is challenging to assess how effectively General Mills is managing its working capital in relation to its sales. A higher turnover ratio generally indicates better efficiency in utilizing working capital to generate revenue, while a lower ratio may suggest inefficiencies in managing working capital.
To gain a deeper understanding of General Mills' operational efficiency and financial performance, it would be beneficial to have access to the working capital turnover ratio for the specified periods. This ratio could provide insights into the company's liquidity management and overall effectiveness in utilizing its working capital resources.
Peer comparison
Feb 28, 2025