O’Reilly Automotive Inc (ORLY)

Working capital turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	US$ in thousands	15,613,100	14,256,600	13,182,300	11,440,400	10,003,700
Total current assets	US$ in thousands	5,558,300	5,048,260	4,504,260	4,499,790	3,833,660
Total current liabilities	US$ in thousands	7,661,350	7,063,820	5,874,620	5,262,420	4,469,430
Working capital turnover		—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $15,613,100K ÷ ($5,558,300K – $7,661,350K)
= —

To calculate the working capital turnover for O`Reilly Automotive, Inc., we need to use the following formula:

Working Capital Turnover = Net Sales / Average Working Capital

However, as the table provided does not include the necessary data for working capital or net sales, we are unable to calculate the working capital turnover for the years specified.

Working capital turnover is a metric that indicates how efficiently a company is using its working capital to generate sales. A higher turnover ratio usually signifies that the company is effectively managing its working capital to generate sales. Conversely, a lower ratio may indicate inefficiencies in utilizing working capital.

Without the specific data for the net sales and average working capital for O`Reilly Automotive, Inc., a detailed assessment of its working capital turnover for the mentioned years cannot be provided.