Sherwin-Williams Co (SHW)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 22,560,300 | 21,735,200 | 19,493,500 | 18,002,200 | 17,900,800 |
| Total current assets | US$ in thousands | 5,512,900 | 5,907,700 | 5,053,700 | 4,591,400 | 4,631,700 |
| Total current liabilities | US$ in thousands | 6,626,900 | 5,960,700 | 5,719,500 | 4,594,400 | 4,521,900 |
| Working capital turnover | — | — | — | — | 163.03 |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $22,560,300K ÷ ($5,512,900K – $6,626,900K)
= —
The working capital turnover ratio for Sherwin-Williams Co. is not available for the years 2020 to 2023. However, as of December 31, 2019, the company had a working capital turnover ratio of 163.03, indicating that Sherwin-Williams Co. generated $163.03 in revenue for every $1 of working capital invested in the business during that year.
Without the data for the following years, it is challenging to assess the trend of the working capital turnover and its impact on the company's operational efficiency and liquidity management. It would be beneficial to have the recent figures to ascertain if there have been any significant changes in the company's ability to efficiently utilize its working capital to generate sales.
Peer comparison
Dec 31, 2023