Smurfit WestRock plc (SW)
Working capital turnover
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 21,492,090 | 21,631,250 | |||
| Total current assets | US$ in thousands | 27 | 0 | 4,081,000 | 4,210,000 | 4,509,000 |
| Total current liabilities | US$ in thousands | 12 | — | 2,694,000 | 2,678,000 | 3,027,000 |
| Working capital turnover | 1,432,806.00 | — |
June 30, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $21,492,090K ÷ ($27K – $12K)
= 1,432,806.00
The working capital turnover ratio for Smurfit WestRock plc was reported at 1,432,806.00 as of June 30, 2024. Unfortunately, historical data for this ratio is not available for comparison to assess the trend or benchmarking against industry averages. This figure indicates that Smurfit WestRock plc generated $1,432,806 in revenue for every dollar of working capital employed during the period ending June 30, 2024. A higher working capital turnover ratio typically suggests efficient management of working capital and indicates that the company is generating more revenue with less working capital investment. However, to draw more meaningful insights and conclusions, it is recommended to compare this ratio with industry peers and analyze trends over multiple periods.
Peer comparison
Jun 30, 2024