General Mills Inc (GIS)

Working capital turnover

		May 26, 2024	Feb 25, 2024	Nov 26, 2023	Aug 27, 2023	May 28, 2023	Feb 26, 2023	Nov 27, 2022	Aug 28, 2022	May 29, 2022	Feb 27, 2022	Nov 28, 2021	Aug 29, 2021	May 30, 2021	Feb 28, 2021	Nov 29, 2020	Aug 30, 2020	May 31, 2020	Feb 23, 2020	Nov 24, 2019	Aug 25, 2019
Revenue (ttm)	US$ in thousands	19,623,400	19,921,400	19,985,200	20,092,800	20,365,900	20,227,000	19,807,000	19,609,100	18,992,300	18,622,800	18,415,500	18,103,000	17,911,900	18,427,300	18,083,800	17,766,400	17,397,300	16,536,800	16,498,400	16,475,500
Total current assets	US$ in thousands	4,580,900	4,654,500	5,045,600	5,107,000	5,176,400	5,116,000	5,330,600	5,134,000	5,089,800	5,028,600	6,612,400	6,320,200	5,754,500	6,612,400	6,408,200	5,354,800	5,121,300	4,308,500	4,478,900	4,261,400
Total current liabilities	US$ in thousands	7,033,100	7,061,900	7,902,200	7,067,800	7,535,700	9,418,300	9,208,200	8,595,500	8,019,900	6,839,000	7,813,200	8,135,400	8,265,800	9,589,700	8,464,200	7,612,700	7,491,500	6,696,600	7,362,300	6,903,400
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

May 26, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $19,623,400K ÷ ($4,580,900K – $7,033,100K)
= —

The working capital turnover for General Mills Inc is not available in the provided data. This ratio is calculated by dividing net sales by average working capital. It indicates how efficiently the company is utilizing its working capital to generate sales. A higher working capital turnover ratio typically suggests better efficiency in managing working capital and generating revenue. Without the specific data for General Mills Inc, we are unable to provide a detailed analysis of its working capital turnover.