Sturm Ruger & Company Inc (RGR)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 535,643 | 543,767 | 595,842 | 730,736 | 568,868 |
| Total current assets | US$ in thousands | 258,357 | 271,395 | 361,838 | 328,733 | 234,373 |
| Total current liabilities | US$ in thousands | 60,809 | 63,195 | 163,067 | 77,109 | 81,761 |
| Working capital turnover | 2.71 | 2.61 | 3.00 | 2.90 | 3.73 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $535,643K ÷ ($258,357K – $60,809K)
= 2.71
The working capital turnover of Sturm Ruger & Company Inc has demonstrated some fluctuations over the years. In 2020, the company had a working capital turnover of 3.73, indicating that it generated 3.73 times the revenue for each dollar of working capital invested.
However, in 2021, this ratio decreased to 2.90, suggesting a decline in efficiency in utilizing its working capital. The ratio improved slightly in 2022 to 3.00 before dropping to 2.61 in 2023, indicating a decreasing trend in generating revenue from working capital.
In 2024, the working capital turnover slightly increased to 2.71, but it still remained below the levels seen in 2020 and 2022. Overall, the working capital turnover ratio of Sturm Ruger & Company Inc has shown variability, which may indicate changes in the company's operational efficiency and financial management strategies over the years.
Peer comparison
Dec 31, 2024