Stericycle Inc (SRCL)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,591,300 | 2,718,000 | 2,646,700 | 2,548,200 | 3,176,400 |
| Total current assets | US$ in thousands | 671,500 | 558,700 | 575,500 | 552,500 | 706,600 |
| Total current liabilities | US$ in thousands | 718,000 | 621,900 | 731,700 | 697,100 | 756,900 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,591,300K ÷ ($671,500K – $718,000K)
= —
Unfortunately, the specific values needed to calculate the working capital turnover ratio for Stericycle Inc. are not provided in the table. To compute the working capital turnover ratio, we would typically use the formula:
Working Capital Turnover = Net Sales / Average Working Capital
Without the figures for net sales and working capital for each year (2020, 2021, 2022, and 2023), we are unable to calculate the working capital turnover ratio. This ratio is essential in evaluating how efficiently the company is utilizing its working capital to generate sales revenue. It provides insights into the effectiveness of the company's management of its current assets and liabilities.
Peer comparison
Dec 31, 2023