Kimberly-Clark Corporation (KMB)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 20,400,000 | 20,175,000 | 19,400,000 | 19,140,000 | 18,450,000 |
| Total current assets | US$ in thousands | 5,703,000 | 5,729,000 | 5,565,000 | 5,174,000 | 5,057,000 |
| Total current liabilities | US$ in thousands | 6,930,000 | 7,334,000 | 6,749,000 | 6,443,000 | 6,919,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $20,400,000K ÷ ($5,703,000K – $6,930,000K)
= —
To calculate the working capital turnover ratio for Kimberly-Clark Corp., we need the formula: Working Capital Turnover = Sales / Average Working Capital. However, since the specific values for both sales and working capital are not provided in the table, we cannot compute the exact working capital turnover ratio for the company. In order to perform a detailed analysis and evaluate the efficiency of Kimberly-Clark Corp.'s management of its working capital over the past five years, we would need access to the necessary financial data including sales figures and working capital amounts for each year. This ratio would provide insight into how effectively the company is utilizing its working capital to generate sales revenue, and whether improvements are needed in managing its current assets and liabilities for optimal operational efficiency.
Peer comparison
Dec 31, 2023