Kyndryl Holdings Inc (KD)
Working capital turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,057,000 | 16,052,000 | 17,026,000 | 18,657,000 | 19,352,000 |
| Total current assets | US$ in thousands | — | 4,747,000 | 4,963,000 | 5,777,000 | 2,843,000 |
| Total current liabilities | US$ in thousands | — | 4,589,000 | 4,868,000 | 4,457,000 | 3,910,000 |
| Working capital turnover | — | 101.59 | 179.22 | 14.13 | — |
March 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $15,057,000K ÷ ($—K – $—K)
= —
Kyndryl Holdings Inc's working capital turnover has shown significant fluctuations over the years. In 2022, the working capital turnover ratio stood at 14.13, indicating that the company generated $14.13 in revenue for every dollar of working capital invested. The ratio increased substantially to 179.22 in 2023, suggesting a more efficient utilization of working capital to generate revenue. However, there was a decrease in the ratio to 101.59 in 2024. Notably, data for 2021 and 2025 is not available. The trend in the working capital turnover ratio indicates varying levels of efficiency in managing working capital to support revenue generation over the years.
Peer comparison
Mar 31, 2025