Matthews International Corporation (MATW)
Working capital turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,497,689 | 1,625,543 | 1,703,999 | 1,747,593 | 1,795,737 | 1,829,210 | 1,873,285 | 1,881,642 | 1,880,896 | 1,857,855 | 1,807,666 | 1,773,064 | 1,762,403 | 1,744,115 | 1,750,776 | 1,722,952 | 1,671,030 | 1,631,331 | 1,562,373 | 1,520,019 |
| Total current assets | US$ in thousands | 520,168 | 516,279 | 654,413 | 623,199 | 632,543 | 642,079 | 654,049 | 658,063 | 648,257 | 619,550 | 618,239 | 633,244 | 628,616 | 598,629 | 612,292 | 686,752 | 624,165 | 620,731 | 599,615 | 590,962 |
| Total current liabilities | US$ in thousands | 350,480 | 310,750 | 411,279 | 395,581 | 434,775 | 386,152 | 358,752 | 349,203 | 394,600 | 380,071 | 394,441 | 366,744 | 411,375 | 309,791 | 338,559 | 341,130 | 354,225 | 329,465 | 324,270 | 332,127 |
| Working capital turnover | 8.83 | 7.91 | 7.01 | 7.68 | 9.08 | 7.15 | 6.34 | 6.09 | 7.42 | 7.76 | 8.08 | 6.65 | 8.11 | 6.04 | 6.40 | 4.99 | 6.19 | 5.60 | 5.67 | 5.87 |
September 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $1,497,689K ÷ ($520,168K – $350,480K)
= 8.83