Sprouts Farmers Market LLC (SFM)
Working capital turnover
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,719,300 | 7,421,610 | 7,189,150 | 6,987,880 | 6,837,380 | 6,715,390 | 6,593,140 | 6,496,370 | 6,404,220 | 6,320,470 | 6,239,070 | 6,165,580 | 6,099,870 | 6,208,900 | 6,276,870 | 6,397,670 | 6,468,760 | 6,231,920 | 6,094,540 | 5,867,490 |
| Total current assets | US$ in thousands | 675,520 | 693,597 | 568,051 | 697,494 | 603,772 | 620,551 | 633,337 | 655,948 | 673,804 | 673,031 | 644,607 | 640,710 | 567,716 | 586,903 | 551,379 | 577,327 | 465,960 | 437,979 | 612,858 | 530,782 |
| Total current liabilities | US$ in thousands | 679,968 | 616,024 | 549,757 | 585,948 | 546,869 | 541,545 | 538,226 | 515,131 | 522,380 | 525,138 | 515,349 | 523,693 | 513,473 | 507,160 | 483,542 | 490,373 | 496,132 | 509,581 | 572,756 | 547,395 |
| Working capital turnover | — | 95.67 | 392.98 | 62.65 | 120.16 | 85.00 | 69.32 | 46.13 | 42.29 | 42.74 | 48.27 | 52.69 | 112.45 | 77.86 | 92.53 | 73.58 | — | — | 151.98 | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $7,719,300K ÷ ($675,520K – $679,968K)
= —
The working capital turnover for Sprouts Farmers Market LLC fluctuated over the period from March 31, 2020, to December 31, 2024. The turnover ratio indicates how efficiently the company is utilizing its working capital to generate sales revenue.
The working capital turnover ratio was not available for March 31, 2020, September 30, 2020, December 31, 2020, and December 31, 2024. During the period where data was available, the turnover ratio varied significantly, ranging from a low of 42.29 on December 31, 2022, to a high of 392.98 on June 30, 2024.
High values of working capital turnover, such as 392.98 on June 30, 2024, indicate that the company is efficiently utilizing its working capital to generate sales. On the other hand, lower values like 42.29 on December 31, 2022, suggest that there may be inefficiencies in the utilization of working capital.
Overall, the trend in the working capital turnover ratio for Sprouts Farmers Market LLC shows fluctuations, highlighting the importance of monitoring and managing working capital efficiently to support the company's operational activities and growth.
Peer comparison
Dec 31, 2024