Tractor Supply Company (TSCO)
Working capital turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 15,524,040 | 15,399,250 | 15,148,450 | 14,955,340 | 14,883,220 | 14,769,530 | 14,713,270 | 14,651,350 | 14,555,740 | 14,902,280 | 14,761,100 | 14,479,810 | 14,204,720 | 13,517,620 | 13,264,750 | 12,962,900 | 12,731,110 | 12,290,090 | 11,878,730 | 11,453,500 |
| Total current assets | US$ in thousands | 3,507,800 | 3,647,120 | 3,543,760 | 3,656,080 | 3,309,920 | 3,483,160 | 3,639,620 | 3,519,480 | 3,263,940 | 3,534,110 | 3,577,270 | 3,458,920 | 3,157,780 | 3,109,800 | 3,230,400 | 3,168,280 | 3,250,440 | 3,467,860 | 3,567,140 | 3,380,830 |
| Total current liabilities | US$ in thousands | 2,614,450 | 2,802,300 | 2,762,650 | 2,600,510 | 2,319,190 | 2,345,710 | 2,544,540 | 2,517,760 | 2,177,080 | 2,318,800 | 2,237,460 | 2,349,700 | 2,376,210 | 2,095,200 | 2,242,180 | 2,199,660 | 2,064,840 | 2,046,010 | 2,083,530 | 1,975,920 |
| Working capital turnover | 17.38 | 18.23 | 19.39 | 14.17 | 15.02 | 12.98 | 13.44 | 14.63 | 13.39 | 12.26 | 11.02 | 13.05 | 18.17 | 13.32 | 13.42 | 13.38 | 10.74 | 8.64 | 8.01 | 8.15 |
December 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $15,524,040K ÷ ($3,507,800K – $2,614,450K)
= 17.38
Peer comparison
Dec 31, 2025
Company name
Symbol
Working capital turnover
Tractor Supply Company
TSCO
17.38
MarineMax Inc
HZO
11.78
Sally Beauty Holdings Inc
SBH
5.10