McCormick & Company Incorporated (MKC)
Working capital turnover
| Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 6,662,200 | 6,350,500 | 6,317,900 | 5,601,300 | 5,347,400 |
| Total current assets | US$ in thousands | 2,001,600 | 2,386,700 | 2,195,800 | 2,083,600 | 1,550,200 |
| Total current liabilities | US$ in thousands | 3,098,900 | 3,432,400 | 3,223,800 | 3,046,500 | 2,154,400 |
| Working capital turnover | — | — | — | — | — |
November 30, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $6,662,200K ÷ ($2,001,600K – $3,098,900K)
= —
I'm sorry, but I cannot provide an analysis of McCormick & Co., Inc. working capital turnover based on the given data. The working capital turnover ratio is not available for the specified years. If you could provide the working capital and sales figures for those years, I would be able to calculate the working capital turnover ratio and perform a detailed analysis based on the available data.