Kimberly-Clark Corporation (KMB)
Working capital turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 20,058,000 | 20,431,000 | 20,175,000 | 19,400,000 | 19,140,000 |
Total current assets | US$ in thousands | 5,580,000 | 5,703,000 | 5,729,000 | 5,565,000 | 5,174,000 |
Total current liabilities | US$ in thousands | 7,004,000 | 6,930,000 | 7,334,000 | 6,749,000 | 6,443,000 |
Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $20,058,000K ÷ ($5,580,000K – $7,004,000K)
= —
Based on the provided data for Kimberly-Clark Corporation, the working capital turnover ratio is not available or provided for the years ending December 31, 2020, 2021, 2022, 2023, and 2024.
The working capital turnover ratio is a financial metric that measures how efficiently a company utilizes its working capital to generate sales revenue. A higher working capital turnover ratio indicates that the company is effectively using its current assets and liabilities to support its operations and sales. On the other hand, a lower ratio may suggest inefficiencies in managing working capital.
Without the specific values for the working capital turnover ratio, it is not possible to analyze and draw conclusions regarding Kimberly-Clark Corporation's efficiency in utilizing its working capital during the specified years. It would be beneficial to obtain the actual data for the ratio to assess the company's financial performance in this aspect accurately.
Peer comparison
Dec 31, 2024