McKesson Corporation (MCK)

Working capital turnover

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	US$ in thousands	308,734,000	276,496,000	263,638,000	238,047,000	230,835,000
Total current assets	US$ in thousands	47,970,000	44,292,000	46,231,000	45,382,000	42,222,000
Total current liabilities	US$ in thousands	52,357,000	47,957,000	48,466,000	44,103,000	42,624,000
Working capital turnover		—	—	—	186.12	—

March 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $308,734,000K ÷ ($47,970,000K – $52,357,000K)
= —

The working capital turnover ratio for McKesson Corporation in 2021 was 186.12, indicating that the company generated $186.12 in net sales revenue for every dollar of working capital invested in the business during that fiscal year. The absence of data for the other years restricts the ability to provide a trend analysis or comparisons with previous periods. A higher working capital turnover ratio typically suggests that a company efficiently utilizes its working capital to generate sales revenue.