Triumph Group Inc (TGI)

Working capital turnover

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Revenue (ttm) US$ in thousands 884,067 1,242,654 1,212,053 1,278,619 1,324,748 1,359,450 1,403,350 1,356,889 1,379,128 1,372,490 1,362,884 1,412,680 1,459,942 1,540,124 1,646,869 1,771,288 1,869,719 2,095,996 2,374,668 2,664,963
Total current assets US$ in thousands 766,846 761,314 749,764 939,369 929,207 897,197 871,726 933,512 823,342 799,339 885,001 962,602 928,248 968,380 1,007,240 1,554,430 1,338,500 1,464,540 1,172,630
Total current liabilities US$ in thousands 306,209 307,623 303,185 356,262 349,382 314,627 344,754 396,924 370,115 355,862 543,530 601,504 563,160 549,010 562,701 718,367 639,355 674,042 789,360
Working capital turnover 2.70 2.67 2.86 2.27 2.34 2.41 2.57 2.57 3.03 3.07 4.14 4.04 4.22 3.93 3.98 2.24 3.00 3.00 6.95

March 31, 2025 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $884,067K ÷ ($—K – $—K)
= —

Triumph Group Inc's working capital turnover has shown variability over the periods under review. The working capital turnover ratio measures how efficiently a company utilizes its working capital to generate revenue. A higher ratio indicates better efficiency in managing working capital.

From June 30, 2020, to September 30, 2022, Triumph Group Inc's working capital turnover ranged from 2.24 to 6.95, illustrating fluctuations in the company's ability to use its working capital effectively to generate sales.

There was a decline in the working capital turnover ratio from June 30, 2020, to March 31, 2023, which could indicate potential inefficiencies in managing working capital during that period. However, from June 30, 2023, to June 30, 2024, there was a slight increase in the ratio, suggesting some improvement in utilizing working capital efficiently.

Notably, there is missing data for March 31, 2025, making it challenging to provide a comprehensive analysis of the most recent period. Overall, monitoring Triumph Group Inc's working capital turnover ratio can provide insights into the company's operational efficiency and financial health.


Peer comparison

Mar 31, 2025

Company name
Symbol
Working capital turnover
Triumph Group Inc
TGI
AAR Corp
AIR
2.46
Textron Inc
TXT
4.42