Papa John's International Inc (PZZA)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,059,390 | 2,135,710 | 2,102,100 | 2,068,420 | 1,813,230 |
| Total current assets | US$ in thousands | 230,605 | 231,018 | 251,039 | 255,009 | 306,407 |
| Total current liabilities | US$ in thousands | 277,963 | 304,596 | 265,157 | 287,424 | 288,869 |
| Working capital turnover | — | — | — | — | 103.39 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,059,390K ÷ ($230,605K – $277,963K)
= —
The working capital turnover ratio for Papa John's International Inc decreased significantly from 103.39 in 2020 to not available for the subsequent years. This indicates that the company's efficiency in utilizing its working capital to generate revenue deteriorated over time. The absence of data for the years 2021 to 2024 suggests potential challenges in liquidity management and working capital utilization for the company. Further analysis and additional information are needed to understand the reasons behind the decline in the working capital turnover ratio and its implications for Papa John's financial performance.
Peer comparison
Dec 31, 2024