Hershey Co (HSY)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,202,300 | 11,165,000 | 10,419,300 | 8,971,340 | 8,149,720 |
| Total current assets | US$ in thousands | 3,759,460 | 2,912,100 | 2,620,410 | 2,246,210 | 2,977,900 |
| Total current liabilities | US$ in thousands | 3,929,500 | 3,008,350 | 3,257,150 | 2,493,310 | 1,891,740 |
| Working capital turnover | — | — | — | — | 7.50 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $11,202,300K ÷ ($3,759,460K – $3,929,500K)
= —
The working capital turnover ratio for Hershey Co for December 31, 2020, is calculated to be 7.50. This indicates that the company is effectively utilizing its working capital to generate sales revenue. However, the data for December 31, 2021, and beyond is not available, making it impossible to assess the trend in working capital turnover over the subsequent years. It is essential for the company to consistently monitor and manage its working capital turnover ratio to ensure optimal efficiency in utilizing its resources for generating revenue.
Peer comparison
Dec 31, 2024