John B Sanfilippo & Son Inc (JBSS)
Working capital turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,107,250 | 1,066,780 | 999,686 | 955,868 | 858,482 |
| Total current assets | US$ in thousands | 346,424 | 294,085 | 254,430 | 283,164 | 225,167 |
| Total current liabilities | US$ in thousands | 156,046 | 125,940 | 85,688 | 122,762 | 100,204 |
| Working capital turnover | 5.82 | 6.34 | 5.92 | 5.96 | 6.87 |
June 30, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,107,250K ÷ ($346,424K – $156,046K)
= 5.82
The analysis of John B Sanfilippo & Son Inc.'s working capital turnover ratios over the specified period reveals a generally stable but slightly fluctuating trend.
As of June 30, 2021, the company’s working capital turnover was 6.87, indicating that the company generated approximately 6.87 dollars of sales for each dollar of working capital employed. This ratio decreased to 5.96 by June 30, 2022, suggesting a slight decline in the efficiency with which the company utilized its working capital to generate sales. The downward trend persisted into June 30, 2023, with the ratio marginally declining further to 5.92, which indicates a continued but modest reduction in operational efficiency relative to working capital during this period.
However, a notable improvement was observed in the subsequent year, with the ratio increasing to 6.34 as of June 30, 2024. This uptick signifies a reversal of the previous decline, reflecting enhanced utilization of working capital to support sales activities. Despite this positive change, the ratio declined again by June 30, 2025, reaching 5.82, which is slightly below the 2023 level but still comparable to the earlier years.
Overall, the fluctuations in the working capital turnover ratios suggest that the company experienced minor variations in the efficiency of managing its working capital over the analyzed years. The ratios, staying within a relatively narrow range, indicate a generally stable operational efficiency, with some periods of improvement and slight setbacks. This pattern may be influenced by seasonal factors, changes in sales volume, or adjustments in working capital management strategies.
Peer comparison
Jun 30, 2025