Texas Roadhouse Inc (TXRH)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,373,330 | 4,631,670 | 4,014,920 | 3,463,950 | 2,398,120 |
| Total current assets | US$ in thousands | 516,568 | 356,474 | 396,841 | 563,525 | 510,651 |
| Total current liabilities | US$ in thousands | 828,130 | 745,434 | 652,010 | 602,144 | 506,318 |
| Working capital turnover | — | — | — | — | 553.45 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,373,330K ÷ ($516,568K – $828,130K)
= —
The working capital turnover ratio for Texas Roadhouse Inc as of December 31, 2020, was 553.45, indicating that the company generated $553.45 in revenue for each dollar of working capital during that period. However, the data for the subsequent years (2021, 2022, 2023, and 2024) is not available. It is important to note that a high working capital turnover ratio typically suggests efficient management of working capital and a quick conversion of working capital into revenue. Without data for the years following 2020, it is challenging to assess the company's working capital efficiency and performance over time accurately. Further information would be necessary to provide a more comprehensive analysis of Texas Roadhouse Inc's working capital turnover.
Peer comparison
Dec 31, 2024