Sanmina Corporation (SANM)
Working capital turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 8,073,550 | 8,049,490 | 7,849,360 | 7,706,710 | 7,575,160 | 7,609,680 | 7,975,370 | 8,454,040 | 8,940,600 | 9,091,140 | 8,907,380 | 8,502,350 | 7,897,320 | 7,338,740 | 6,973,120 | 6,757,730 | 6,756,650 | 6,987,630 | 6,984,580 | 6,875,450 |
| Total current assets | US$ in thousands | 4,865,460 | 4,301,880 | 4,067,060 | 3,876,450 | 3,870,430 | 3,693,340 | 3,697,480 | 3,630,260 | 3,879,570 | 3,953,020 | 4,034,960 | 4,354,530 | 3,925,550 | 3,835,980 | 3,747,150 | 3,592,080 | 3,281,660 | 3,065,830 | 2,857,080 | 2,842,880 |
| Total current liabilities | US$ in thousands | 2,822,020 | 2,247,790 | 2,073,100 | 1,882,940 | 1,940,680 | 1,821,560 | 1,847,760 | 1,822,120 | 2,033,330 | 2,157,860 | 2,254,990 | 2,585,040 | 2,453,660 | 2,431,680 | 2,267,660 | 2,065,310 | 1,762,990 | 1,587,360 | 1,418,600 | 1,473,450 |
| Working capital turnover | 3.95 | 3.92 | 3.94 | 3.87 | 3.93 | 4.07 | 4.31 | 4.68 | 4.84 | 5.06 | 5.00 | 4.80 | 5.37 | 5.23 | 4.71 | 4.43 | 4.45 | 4.73 | 4.86 | 5.02 |
September 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $8,073,550K ÷ ($4,865,460K – $2,822,020K)
= 3.95
Peer comparison
Sep 30, 2025
Company name
Symbol
Working capital turnover
Sanmina Corporation
SANM
3.95
Jabil Circuit Inc
JBL
4,967.00
Plexus Corp
PLXS
4.58
TE Connectivity Ltd
TEL
6.00