John Wiley & Sons (WLY)

Working capital turnover

Apr 30, 2024 Apr 30, 2023 Apr 30, 2022 Apr 30, 2021 Apr 30, 2020
Revenue US$ in thousands 1,870,880 1,983,820 2,059,930 1,931,900 1,810,000
Total current assets US$ in thousands 454,042 541,279 550,866 526,297 614,927
Total current liabilities US$ in thousands 873,282 895,553 969,419 988,972 927,269
Working capital turnover

April 30, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,870,880K ÷ ($454,042K – $873,282K)
= —

To calculate the Working Capital Turnover for John Wiley & Sons, we need the values of Net Sales and Average Working Capital for each year. As the data provided only shows the Working Capital Turnover as missing for all years, we cannot perform the analysis without additional information. However, in general, the Working Capital Turnover ratio measures how efficiently a company is using its working capital to generate sales revenue. A higher ratio indicates that the company is generating more sales with less investment in working capital, reflecting better efficiency. Conversely, a lower ratio may suggest that the company is inefficient in utilizing its working capital to generate sales.


Peer comparison

Apr 30, 2024

Company name
Symbol
Working capital turnover
John Wiley & Sons
WLY
Scholastic Corporation
SCHL
5.86