Starbucks Corporation (SBUX)
Working capital turnover
| Sep 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 36,176,200 | 36,530,200 | 36,687,000 | 35,975,600 | 35,016,200 | 33,998,000 | 32,913,800 | 32,250,300 | 31,982,800 | 31,329,200 | 30,361,600 | 29,060,600 | 27,117,000 | 23,842,600 | 23,170,300 | 23,518,000 | 24,061,900 | 26,662,800 | 26,973,000 | 26,508,600 |
| Total current assets | US$ in thousands | 6,847,400 | 6,465,000 | 6,569,500 | 7,303,400 | 7,170,700 | 7,046,200 | 6,934,900 | 7,018,700 | 7,067,500 | 7,541,100 | 7,255,100 | 9,756,400 | 7,931,700 | 6,979,500 | 8,357,500 | 7,806,400 | 7,581,000 | 5,749,900 | 5,899,700 | 5,653,900 |
| Total current liabilities | US$ in thousands | 9,070,000 | 7,528,900 | 9,395,600 | 9,345,300 | 9,214,600 | 9,121,800 | 9,246,200 | 9,151,800 | 8,402,400 | 9,104,300 | 8,921,100 | 8,151,400 | 7,799,800 | 6,505,100 | 7,883,900 | 7,346,800 | 8,002,000 | 8,265,800 | 8,675,500 | 6,168,700 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | 18.11 | 205.59 | 50.26 | 48.92 | 51.17 | — | — | — | — |
September 30, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $36,176,200K ÷ ($6,847,400K – $9,070,000K)
= —
The working capital turnover of Starbucks Corporation has shown variability over the recent quarters, with the data missing for some periods. In the most recent period reported, the working capital turnover was not available. However, in the previous periods where data was provided, the working capital turnover ranged from 18.11 to 205.59, indicating fluctuations in how efficiently the company is utilizing its working capital to generate revenue. The high turnover ratios suggest that Starbucks is efficiently managing its working capital to support its operations and drive sales. Further analysis would be required to understand the specific factors influencing these fluctuations and to assess the overall effectiveness of Starbucks' working capital management strategy.
Peer comparison
Sep 30, 2024
See also:
Starbucks Corporation Working Capital Turnover (Quarterly Data)