Lindsay Corporation (LNN)
Working capital turnover
| Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 676,368 | 677,807 | 647,542 | 611,997 | 607,074 | 619,207 | 644,561 | 659,283 | 674,084 | 697,149 | 746,855 | 780,751 | 770,744 | 734,196 | 681,873 | 625,313 | 567,646 | 542,403 | 503,573 | 473,784 |
| Total current assets | US$ in thousands | 532,764 | 547,246 | 526,684 | 502,144 | 493,212 | 488,718 | 500,713 | 501,302 | 487,484 | 491,252 | 480,121 | 481,407 | 477,101 | 475,434 | 450,257 | 426,333 | 416,103 | 417,725 | 375,616 | 356,450 |
| Total current liabilities | US$ in thousands | 143,592 | 150,244 | 144,887 | 129,849 | 125,816 | 123,737 | 129,278 | 141,971 | 136,108 | 133,048 | 132,788 | 148,585 | 160,942 | 173,814 | 161,402 | 147,782 | 138,240 | 144,156 | 114,836 | 102,387 |
| Working capital turnover | 1.74 | 1.71 | 1.70 | 1.64 | 1.65 | 1.70 | 1.74 | 1.83 | 1.92 | 1.95 | 2.15 | 2.35 | 2.44 | 2.43 | 2.36 | 2.24 | 2.04 | 1.98 | 1.93 | 1.86 |
August 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $676,368K ÷ ($532,764K – $143,592K)
= 1.74