Sprouts Farmers Market LLC (SFM)

Working capital turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 7,719,290 6,837,380 6,404,220 6,099,870 6,468,760
Total current assets US$ in thousands 675,520 603,772 673,804 567,716 465,960
Total current liabilities US$ in thousands 679,968 546,869 522,380 513,473 496,132
Working capital turnover 120.16 42.29 112.45

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $7,719,290K ÷ ($675,520K – $679,968K)
= —

The working capital turnover ratio for Sprouts Farmers Market LLC has shown fluctuating trends over the past few years. In 2021, the ratio was notably high at 112.45, indicating that the company efficiently managed its working capital to generate sales during that period. However, in 2022, the ratio decreased to 42.29, suggesting a potential slowdown in the utilization of working capital to drive revenues.

The following year, in 2023, there was a significant improvement as the working capital turnover ratio surged to 120.16, implying a robust efficiency in converting working capital into sales. Despite the lack of data for the years 2020 and 2024, it is apparent that Sprouts Farmers Market LLC experienced varying levels of operational efficiency in utilizing its working capital during the analyzed period.

Overall, the company's ability to effectively utilize its working capital to support business operations and generate sales has been demonstrated through fluctuations in the working capital turnover ratio in the given years.


Peer comparison

Dec 31, 2024

Company name
Symbol
Working capital turnover
Sprouts Farmers Market LLC
SFM
Grocery Outlet Holding Corp
GO
28.34
Kroger Company
KR