Ralph Lauren Corp Class A (RL)

Working capital turnover

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	US$ in thousands	7,079,000	6,631,400	6,443,600	6,218,500	4,400,800
Total current assets	US$ in thousands	3,789,900	3,359,800	3,324,100	4,217,300	4,208,000
Total current liabilities	US$ in thousands	2,133,700	1,467,200	1,493,500	2,255,700	1,584,800
Working capital turnover		4.27	3.50	3.52	3.17	1.68

March 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $7,079,000K ÷ ($3,789,900K – $2,133,700K)
= 4.27

The working capital turnover of Ralph Lauren Corp Class A has shown a positive trend over the past five years, increasing consistently from 1.68 in March 2021 to 4.27 in March 2025. This indicates that the company has been able to generate more revenue relative to its working capital investment year over year. The significant improvement in working capital turnover suggests that Ralph Lauren Corp Class A has become more efficient in utilizing its working capital to support its operational activities and generate sales. The steady increase in this ratio reflects the company's effective management of its current assets and liabilities to drive revenue growth and optimize its working capital efficiency.