Somnigroup International Inc. (SGI)
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 | 4,930,900 | 4,893,500 | 4,870,600 | 4,906,700 | 4,925,400 | 4,942,300 | 4,948,500 | 4,889,800 | 4,921,200 | 5,093,400 | 5,168,400 | 5,126,500 | 4,930,800 | 4,628,200 | 4,402,200 | 3,898,300 | 3,676,900 | 3,491,200 | 3,179,900 | 3,237,500 |
| Total current assets | US$ in thousands | 1,065,400 | 1,155,300 | 1,161,700 | 1,161,900 | 1,103,200 | 1,247,700 | 1,254,100 | 1,270,600 | 1,195,200 | 1,276,400 | 1,305,200 | 1,218,800 | 1,275,600 | 1,482,800 | 925,700 | 1,214,300 | 968,400 | 1,148,100 | 945,500 | 1,046,400 |
| Total current liabilities | US$ in thousands | 960,300 | 1,011,800 | 957,800 | 958,200 | 908,200 | 1,058,900 | 1,006,700 | 1,022,800 | 981,200 | 1,077,900 | 1,057,100 | 1,101,100 | 1,053,400 | 1,159,400 | 858,300 | 895,700 | 974,800 | 1,026,700 | 1,001,700 | 750,400 |
| Working capital turnover | 46.92 | 34.10 | 23.89 | 24.09 | 25.26 | 26.18 | 20.00 | 19.73 | 23.00 | 25.66 | 20.83 | 43.56 | 22.19 | 14.31 | 65.31 | 12.24 | — | 28.76 | — | 10.94 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $4,930,900K ÷ ($1,065,400K – $960,300K)
= 46.92
Somnigroup International Inc.'s working capital turnover has shown variability over the past few years, ranging from as low as 10.94 to as high as 65.31. This ratio measures how efficiently the company is utilizing its working capital to generate revenue. A higher turnover indicates that the company is effectively managing its working capital to support its operations and generate sales.
Notably, there are periods where the working capital turnover was not reported (denoted as "—"), which could indicate changes in the company's reporting practices or fluctuations in its working capital efficiency during those specific quarters. Overall, the trend suggests that Somnigroup International Inc. has been able to maintain a relatively healthy working capital turnover, with some fluctuations indicating shifts in operational efficiency and financial management practices. Analyzing the factors influencing these variations can provide insights into the company's financial health and operational performance.
Peer comparison
Dec 31, 2024