Insight Enterprises Inc (NSIT)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,701,700 | 9,175,840 | 10,431,200 | 9,436,110 | 8,340,580 |
| Total current assets | US$ in thousands | 4,844,620 | 4,331,300 | 3,900,670 | 3,568,310 | 3,176,450 |
| Total current liabilities | US$ in thousands | 4,122,200 | 3,373,380 | 2,866,410 | 2,515,260 | 2,227,460 |
| Working capital turnover | 12.05 | 9.58 | 10.09 | 8.96 | 8.79 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $8,701,700K ÷ ($4,844,620K – $4,122,200K)
= 12.05
Insight Enterprises Inc has shown a consistent improvement in its working capital turnover over the years, reflecting effective management of its working capital. The working capital turnover ratio has increased from 8.79 in 2020 to 12.05 in 2024. This signifies that the company is generating sales revenue more efficiently in relation to its working capital, indicating a more streamlined and effective use of its assets. The upward trend indicates that the company has been able to optimize its working capital to support its operations and sales growth.
Peer comparison
Dec 31, 2024