US Foods Holding Corp (USFD)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 37,868,000 | 35,258,000 | 33,807,000 | 29,252,000 | 22,664,000 |
| Total current assets | US$ in thousands | 3,974,000 | 4,031,000 | 3,820,000 | 3,594,000 | 3,465,000 |
| Total current liabilities | US$ in thousands | 3,296,000 | 3,112,000 | 2,796,000 | 2,550,000 | 1,982,000 |
| Working capital turnover | 55.85 | 38.37 | 33.01 | 28.02 | 15.28 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $37,868,000K ÷ ($3,974,000K – $3,296,000K)
= 55.85
The working capital turnover for US Foods Holding Corp has shown a consistent upward trend over the past five years, from 15.28 in December 2020 to 55.85 in December 2024. This indicates that the company has been effectively utilizing its working capital to generate revenue. A higher working capital turnover ratio reflects that the company is efficiently managing its working capital resources to support its operations and sales activities. This improvement suggests that US Foods Holding Corp has been able to optimize its assets and liabilities more efficiently over time, potentially leading to improved liquidity and operational performance.
Peer comparison
Dec 31, 2024