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 | 878,863 | 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 | 395,078 | 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 | 1.83 | 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 ÷ ($878,863K – $395,078K)
= 1.83
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