Kraft Heinz Co (KHC)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 25,795,000 | 25,669,000 | 25,743,000 | 23,232,000 | 24,638,000 |
| Total current assets | US$ in thousands | 7,655,000 | 7,929,000 | 7,897,000 | 8,994,000 | 10,822,000 |
| Total current liabilities | US$ in thousands | 7,253,000 | 8,037,000 | 9,028,000 | 9,064,000 | 8,061,000 |
| Working capital turnover | 64.17 | — | — | — | 8.92 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $25,795,000K ÷ ($7,655,000K – $7,253,000K)
= 64.17
The working capital turnover ratio for Kraft Heinz Co improved significantly from 8.92 in December 2020 to 64.17 in December 2024. This sharp increase indicates a more efficient management of working capital during this period. However, there is missing data for the years 2021, 2022, and 2023, so a detailed year-over-year analysis is not possible. The notable rise in the ratio suggests that the company is generating more revenue relative to its working capital, which can be a positive indicator of liquidity and operational efficiency. Further analysis would be required to understand the specific factors driving this improvement in working capital turnover for Kraft Heinz Co.
Peer comparison
Dec 31, 2024