Stericycle Inc (SRCL)
Working capital turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,591,300 | 2,627,500 | 2,668,500 | 2,733,000 | 2,717,600 | 2,702,000 | 2,649,700 | 2,642,600 | 2,646,700 | 2,677,200 | 2,571,500 | 2,493,200 | 2,551,900 | 2,628,400 | 2,929,000 | 3,157,300 | 3,260,700 | 3,338,400 | 3,360,400 | 3,421,000 |
| Total current assets | US$ in thousands | 671,500 | 587,200 | 527,200 | 563,700 | 558,700 | 597,700 | 596,900 | 613,500 | 575,500 | 570,200 | 548,400 | 537,200 | 552,500 | 565,700 | 592,600 | 1,203,200 | 706,600 | 750,500 | 819,100 | 801,600 |
| Total current liabilities | US$ in thousands | 718,000 | 650,400 | 619,100 | 580,500 | 621,900 | 586,800 | 618,600 | 669,500 | 731,700 | 687,200 | 676,700 | 674,000 | 697,100 | 686,900 | 660,300 | 818,500 | 756,900 | 795,700 | 784,200 | 786,000 |
| Working capital turnover | — | — | — | — | — | 247.89 | — | — | — | — | — | — | — | — | — | 8.21 | — | — | 96.29 | 219.29 |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $2,591,300K ÷ ($671,500K – $718,000K)
= —
Based on the available data, it appears that the working capital turnover for Stericycle Inc. is not consistently provided in the financial statements. The information is missing for Q4 2023, Q3 2023, Q2 2023, Q1 2023, and Q2 2022. However, the working capital turnover for Q3 2022 was reported as 246.94.
The working capital turnover ratio measures how efficiently a company utilizes its working capital to generate sales. A higher turnover ratio indicates that the company is effectively managing its working capital to generate revenue. Without complete data for all periods, it is challenging to assess the trend of Stericycle Inc.'s working capital turnover over time and compare it to industry benchmarks or historical performance. Additional information would be needed to conduct a more in-depth analysis of the company's working capital efficiency.
Peer comparison
Dec 31, 2023