Service Corporation International (SCI)

Working capital turnover

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Revenue US$ in thousands 4,099,780 4,108,660 4,143,140 3,511,510 3,230,780
Total current assets US$ in thousands 498,286 359,846 441,060 376,152 373,553
Total current liabilities US$ in thousands 749,100 799,280 728,261 815,934 556,719
Working capital turnover

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,099,780K ÷ ($498,286K – $749,100K)
= —

To calculate the working capital turnover for Service Corp. International, we need to use the following formula:

Working Capital Turnover = Revenue / Average Working Capital

Unfortunately, the necessary data to calculate the working capital turnover for Service Corp. International is not provided in the table. Without the figures for revenue and working capital for each year, we are unable to perform the calculation and analyze the trend over the past five years. It is essential to have both revenue and working capital figures to assess how efficiently the company is utilizing its working capital to generate revenue.


Peer comparison

Dec 31, 2023

Company name
Symbol
Working capital turnover
Service Corporation International
SCI
H&R Block Inc
HRB
13.47
Unifirst Corporation
UNF
3.91
Yelp Inc
YELP
3.01