Smurfit WestRock plc (SW)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 21,109,000 | 12,460,100 | 12,815,000 | 10,107,000 | 8,530,000 |
| Total current assets | US$ in thousands | — | 4,511,140 | 4,509,000 | 4,084,000 | 3,258,000 |
| Total current liabilities | US$ in thousands | — | 2,977,950 | 3,027,000 | 2,827,000 | 2,230,000 |
| Working capital turnover | — | 8.13 | 8.65 | 8.04 | 8.30 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $21,109,000K ÷ ($—K – $—K)
= —
Based on the provided data for Smurfit WestRock plc, the working capital turnover ratio has exhibited consistency and efficiency over the years. The ratio has ranged from 8.04 to 8.65, with a high level of turnover, indicating that the company is effectively managing its working capital to generate sales.
However, it is worth noting that the ratio for December 31, 2024, is not available ("-"), which could suggest a lack of data for that period or a potential issue with the company's reporting.
Overall, the trend of the working capital turnover ratio for Smurfit WestRock plc reflects a strong ability to efficiently utilize its working capital to support operations and drive revenue generation. It is essential for the company to continue monitoring this ratio to ensure optimal working capital management in the future.
Peer comparison
Dec 31, 2024