Service Corporation International (SCI)

Working capital turnover

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 Jun 30, 2019 Mar 31, 2019
Revenue (ttm) US$ in thousands 4,099,780 4,071,660 4,047,520 4,024,965 4,108,655 4,124,235 4,180,885 4,177,565 4,143,145 4,070,153 3,954,024 3,786,524 3,511,509 3,392,001 3,243,001 3,235,538 3,230,785 3,200,839 3,210,384 3,193,904
Total current assets US$ in thousands 498,286 453,801 322,916 326,114 359,846 338,346 361,770 458,732 441,060 571,863 586,574 387,485 376,152 366,058 383,636 359,468 373,553 352,179 394,217 290,052
Total current liabilities US$ in thousands 749,100 712,872 688,333 767,399 799,280 706,588 715,111 775,205 728,261 724,262 691,492 841,782 815,934 622,134 606,825 587,294 556,719 563,417 614,472 604,543
Working capital turnover

December 31, 2023 calculation

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

I'm sorry, but without actual data for the working capital turnover for Service Corp. International provided in the table, I am unable to conduct a detailed analysis. Working capital turnover is a key financial ratio that measures how efficiently a company is utilizing its working capital to generate sales. It is calculated by dividing net sales by average working capital. If you could provide the data for the working capital turnover for the respective periods, I would be happy to analyze and provide insights based on that information.


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
3.84
Yelp Inc
YELP
3.01