Procter & Gamble Company (PG)

Working capital turnover

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	US$ in thousands	84,039,000	82,006,000	80,187,000	76,118,000	70,950,000
Total current assets	US$ in thousands	24,709,000	22,648,000	21,653,000	23,091,000	27,987,000
Total current liabilities	US$ in thousands	33,627,000	35,756,000	33,081,000	33,132,000	32,976,000
Working capital turnover		—	—	—	—	—

June 30, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $84,039,000K ÷ ($24,709,000K – $33,627,000K)
= —

The working capital turnover ratio for Procter & Gamble Company is not provided in the table. The working capital turnover ratio is calculated by dividing net sales by average working capital.

To calculate the working capital turnover ratio, we need the net sales and working capital figures for each year from the table. Once we have those numbers, we can compute the ratio for each year to assess how efficiently the company is utilizing its working capital to generate sales.

A higher working capital turnover ratio indicates that the company is efficiently managing its working capital to generate sales, while a lower ratio may suggest inefficiencies in working capital management. Analyzing the trend of the working capital turnover ratio over the years can provide insights into the company's working capital management efficiency and operational performance.