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