Hewlett Packard Enterprise Co (HPE)
Working capital turnover
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 30,127,000 | 29,020,000 | 28,312,000 | 28,081,000 | 29,135,000 | 29,655,000 | 29,604,000 | 29,344,000 | 28,496,000 | 27,979,000 | 27,925,000 | 27,912,000 | 27,784,000 | 27,638,000 | 27,557,000 | 26,866,000 | 26,982,000 | 26,989,000 | 27,390,000 | 28,531,000 |
| Total current assets | US$ in thousands | 33,457,000 | 22,405,000 | 21,427,000 | 20,244,000 | 18,948,000 | 17,655,000 | 17,560,000 | 18,234,000 | 20,506,000 | 19,521,000 | 18,172,000 | 19,342,000 | 18,878,000 | 18,745,000 | 16,703,000 | 16,072,000 | 16,556,000 | 21,383,000 | 17,983,000 | 14,751,000 |
| Total current liabilities | US$ in thousands | 25,973,000 | 23,865,000 | 23,750,000 | 22,635,000 | 21,882,000 | 20,170,000 | 20,251,000 | 21,476,000 | 23,174,000 | 21,299,000 | 20,190,000 | 20,473,000 | 20,687,000 | 19,641,000 | 17,980,000 | 17,931,000 | 18,738,000 | 21,610,000 | 20,197,000 | 18,754,000 |
| Working capital turnover | 4.03 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
October 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $30,127,000K ÷ ($33,457,000K – $25,973,000K)
= 4.03
The working capital turnover ratio for Hewlett Packard Enterprise Co was reported as 4.03 times as of October 31, 2024. This indicates that the company generated $4.03 in revenue for every dollar of working capital invested during that period. Unfortunately, historical data for this ratio is not available to provide a trend analysis. A working capital turnover ratio of 4.03 suggests that Hewlett Packard Enterprise Co efficiently manages its working capital to generate sales revenue, which is generally considered favorable. However, a more detailed analysis over multiple periods would be needed to fully assess the effectiveness and consistency of the company's working capital management.
Peer comparison
Oct 31, 2024
See also:
Hewlett Packard Enterprise Co Working Capital Turnover (Quarterly Data)