Kellanova (K)
Working capital turnover
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 13,122,000 | 13,112,000 | 13,108,000 | 13,621,000 | 13,951,000 | 14,207,000 | 14,578,000 | 14,269,000 | 14,181,000 | 14,225,000 | 14,032,000 | 13,942,000 | 13,770,000 | 13,529,000 | 13,472,000 | 13,468,000 | 13,578,000 | 13,672,000 | 13,769,000 | 13,668,000 |
| Total current assets | US$ in thousands | 3,330,000 | 4,986,000 | 4,288,000 | 4,324,000 | 4,186,000 | 4,444,000 | 4,261,000 | 3,816,000 | 3,394,000 | 3,799,000 | 3,747,000 | 3,639,000 | 3,482,000 | 4,753,000 | 4,492,000 | 4,290,000 | 3,431,000 | 3,492,000 | 3,504,000 | 3,373,000 |
| Total current liabilities | US$ in thousands | 5,060,000 | 6,524,000 | 6,476,000 | 6,001,000 | 6,349,000 | 6,033,000 | 6,051,000 | 5,848,000 | 5,315,000 | 5,029,000 | 4,946,000 | 5,385,000 | 5,238,000 | 6,034,000 | 5,856,000 | 5,595,000 | 4,778,000 | 4,389,000 | 4,989,000 | 4,978,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $13,122,000K ÷ ($3,330,000K – $5,060,000K)
= —
Kellanova's working capital turnover ratio is not provided in the table. The working capital turnover ratio measures how efficiently a company is using its working capital to generate sales. It is calculated by dividing net sales by average working capital. A higher turnover ratio indicates that the company is effectively utilizing its working capital to generate sales.
Without the specific data for the working capital turnover ratio for Kellanova, it is not possible to analyze the company's efficiency in utilizing its working capital over the specified periods. To perform a comprehensive analysis of Kellanova's working capital turnover, we would need the relevant financial data such as net sales and working capital figures for the respective periods outlined in the table.
Peer comparison
Dec 31, 2023