Lindsay Corporation (LNN)

Working capital turnover

Aug 31, 2025 Aug 31, 2024 Aug 31, 2023 Aug 31, 2022 Aug 31, 2021
Revenue US$ in thousands 676,368 607,074 674,084 770,743 567,646
Total current assets US$ in thousands 532,764 493,212 487,484 477,101 416,103
Total current liabilities US$ in thousands 143,592 125,816 136,108 160,942 138,240
Working capital turnover 1.74 1.65 1.92 2.44 2.04

August 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $676,368K ÷ ($532,764K – $143,592K)
= 1.74