RBC Bearings Incorporated (RBC)
Working capital turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,636,300 | 1,560,300 | 1,469,290 | 942,937 | 608,984 |
| Total current assets | US$ in thousands | 1,027,300 | 965,500 | 913,300 | 962,237 | 728,202 |
| Total current liabilities | US$ in thousands | 315,300 | 294,300 | 309,300 | 313,460 | 88,238 |
| Working capital turnover | 2.30 | 2.32 | 2.43 | 1.45 | 0.95 |
March 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,636,300K ÷ ($1,027,300K – $315,300K)
= 2.30
The working capital turnover of RBC Bearings Incorporated has shown a positive trend over the past five years. The ratio has increased from 0.95 in March 31, 2021, to 2.30 in March 31, 2025, indicating that the company has become more efficient in utilizing its working capital to generate sales.
This improvement suggests that RBC Bearings has been able to effectively manage its current assets and liabilities to support its operations and generate revenue. A higher working capital turnover ratio generally signifies that the company is effectively using its resources to drive sales growth and potentially improve profitability.
Overall, the increasing trend in working capital turnover for RBC Bearings demonstrates the company's ability to efficiently manage its working capital and indicates positive operational performance over the analyzed period.
Peer comparison
Mar 31, 2025