Mueller Water Products (MWA)

Working capital turnover

Sep 30, 2025 Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021
Revenue US$ in thousands 1,429,700 1,314,700 1,275,700 1,247,400 1,111,000
Total current assets US$ in thousands 1,028,900 858,400 706,800 680,000 653,700
Total current liabilities US$ in thousands 290,300 258,000 218,800 241,000 220,100
Working capital turnover 1.94 2.19 2.61 2.84 2.56

September 30, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,429,700K ÷ ($1,028,900K – $290,300K)
= 1.94