Victoria's Secret & Co (VSCO)
Working capital turnover
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | ||
|---|---|---|---|---|
| Revenue | US$ in thousands | 6,083,000 | 6,284,000 | 6,758,000 |
| Total current assets | US$ in thousands | 1,533,000 | 1,737,000 | 1,691,000 |
| Total current liabilities | US$ in thousands | 1,614,000 | 1,579,000 | 1,698,000 |
| Working capital turnover | — | 39.77 | — |
February 3, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $6,083,000K ÷ ($1,533,000K – $1,614,000K)
= —
The working capital turnover ratio for Victoria's Secret & Co was 39.77 in the fiscal year ended on January 28, 2023. This ratio signifies that the company effectively managed its working capital during that period by generating revenue 39.77 times relative to its working capital. A higher working capital turnover ratio is generally viewed positively as it indicates efficient use of resources to generate sales. However, without data for the other periods, it is challenging to provide a trend analysis.
Peer comparison
Feb 3, 2024
Company name
Symbol
Working capital turnover
Victoria's Secret & Co
VSCO
—
Bath & Body Works Inc.
BBWI
8.62