HP Inc (HPQ)
Working capital turnover
| 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 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 53,105,000 | 53,718,000 | 54,675,000 | 56,127,000 | 59,695,000 | 62,910,000 | 64,784,000 | 65,425,000 | 64,827,000 | 63,460,000 | 62,070,000 | 61,075,000 | 57,667,000 | 56,639,000 | 56,788,000 | 57,097,000 | 58,664,000 | 58,756,000 | 58,715,000 | 58,698,000 |
| Total current assets | US$ in thousands | 16,858,000 | 17,977,000 | 17,463,000 | 17,023,000 | 17,305,000 | 19,736,000 | 22,996,000 | 23,515,000 | 22,432,000 | 22,170,000 | 20,603,000 | 20,091,000 | 20,438,000 | 20,648,000 | 20,269,000 | 19,660,000 | 17,477,000 | 20,177,000 | 19,683,000 | 18,285,000 |
| Total current liabilities | US$ in thousands | 23,857,000 | 24,488,000 | 25,190,000 | 24,034,000 | 25,053,000 | 26,189,000 | 26,809,000 | 28,906,000 | 30,199,000 | 29,096,000 | 27,667,000 | 28,029,000 | 27,880,000 | 26,220,000 | 25,026,000 | 25,276,000 | 23,867,000 | 25,293,000 | 24,579,000 | 23,203,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
January 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $53,105,000K ÷ ($16,858,000K – $23,857,000K)
= —
Unfortunately, without specific data for the working capital turnover ratio for HP Inc in the provided table, a detailed analysis cannot be conducted. The working capital turnover is a key financial ratio that indicates how efficiently a company is utilizing its working capital to generate revenues. It is calculated by dividing net sales by average working capital. A higher working capital turnover ratio reflects efficient management of working capital, while a lower ratio may suggest inefficiencies or potential liquidity issues. To perform a comprehensive analysis, specific data points for the working capital turnover ratio are needed. Please provide the relevant information for a more in-depth interpretation.
Peer comparison
Jan 31, 2024