Schneider National Inc (SNDR)

Working capital turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 5,290,500 5,498,900 6,604,400 5,608,700 4,552,800
Total current assets US$ in thousands 1,115,300 1,110,900 1,350,300 1,248,500 1,220,700
Total current liabilities US$ in thousands 704,500 606,200 636,900 690,200 534,600
Working capital turnover 12.88 10.90 9.26 10.05 6.64

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,290,500K ÷ ($1,115,300K – $704,500K)
= 12.88

The working capital turnover ratio of Schneider National Inc has shown a positive trend over the years, increasing from 6.64 in December 2020 to 12.88 in December 2024. This indicates that the company is effectively utilizing its working capital to generate sales revenue. A higher working capital turnover ratio suggests that the company is efficiently managing its short-term assets and liabilities to support its operations. The consistent improvement in this ratio reflects Schneider National Inc's ability to efficiently convert its working capital into sales, which is a positive indicator of its operational efficiency and liquidity management.