Insteel Industries Inc (IIIN)
Working capital turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 647,706 | 604,566 | 570,455 | 537,193 | 529,198 | 552,418 | 572,357 | 604,014 | 649,188 | 699,655 | 761,114 | 815,272 | 826,832 | 790,099 | 723,665 | 649,455 | 590,601 | 557,574 | 518,794 | 494,654 |
| Total current assets | US$ in thousands | 261,947 | 263,542 | 210,785 | 192,485 | 267,294 | 257,124 | 239,699 | 231,817 | 298,853 | 297,635 | 287,879 | 288,211 | 335,332 | 343,665 | 282,804 | 226,804 | 246,906 | 227,813 | 192,242 | 168,883 |
| Total current liabilities | US$ in thousands | 66,009 | 89,725 | 54,425 | 47,084 | 47,034 | 44,715 | 33,384 | 33,437 | 46,155 | 51,059 | 45,089 | 44,913 | 62,596 | 95,036 | 73,816 | 62,574 | 68,849 | 75,629 | 59,193 | 46,773 |
| Working capital turnover | 3.31 | 3.48 | 3.65 | 3.69 | 2.40 | 2.60 | 2.77 | 3.04 | 2.57 | 2.84 | 3.13 | 3.35 | 3.03 | 3.18 | 3.46 | 3.95 | 3.32 | 3.66 | 3.90 | 4.05 |
September 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $647,706K ÷ ($261,947K – $66,009K)
= 3.31