Kirby Corporation (KEX)
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 | 3,314,590 | 3,274,578 | 3,243,513 | 3,265,876 | 3,262,737 | 3,196,360 | 3,149,218 | 3,091,640 | 3,022,629 | 3,003,700 | 2,924,416 | 2,784,754 | 2,645,855 | 2,498,932 | 2,360,592 | 2,246,660 | 2,145,150 | 2,042,797 | 2,024,332 | 2,171,408 |
| Total current assets | US$ in thousands | 1,159,830 | 1,185,030 | 1,102,280 | 1,068,560 | 1,164,330 | 1,166,620 | 1,175,480 | 1,135,160 | 1,195,570 | 1,168,660 | 1,200,370 | 1,211,760 | 1,126,380 | 1,052,260 | 1,015,330 | 1,003,860 | 978,591 | 963,143 | 958,517 | 1,047,970 |
| Total current liabilities | US$ in thousands | 683,770 | 679,457 | 698,583 | 734,753 | 697,978 | 684,623 | 650,394 | 675,795 | 635,852 | 656,297 | 614,788 | 642,197 | 570,561 | 541,372 | 513,835 | 543,772 | 512,197 | 498,222 | 453,443 | 466,032 |
| Working capital turnover | 6.96 | 6.48 | 8.03 | 9.78 | 7.00 | 6.63 | 6.00 | 6.73 | 5.40 | 5.86 | 4.99 | 4.89 | 4.76 | 4.89 | 4.71 | 4.88 | 4.60 | 4.39 | 4.01 | 3.73 |
September 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,314,590K ÷ ($1,159,830K – $683,770K)
= 6.96