Williams-Sonoma Inc (WSM)
Working capital turnover
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,750,650 | 7,924,790 | 8,263,710 | 8,538,640 | 8,674,420 | 8,722,370 | 8,577,340 | 8,388,140 | 8,245,940 | 8,043,370 | 7,760,370 | 7,302,810 | 6,788,980 | 6,335,840 | 6,013,770 | 5,893,800 | 5,899,730 | 5,890,850 | 5,805,360 | 5,709,720 |
| Total current assets | US$ in thousands | 2,719,800 | 2,347,340 | 2,032,130 | 1,898,830 | 2,036,080 | 2,060,730 | 1,928,720 | 1,928,850 | 2,323,890 | 2,176,720 | 2,073,710 | 1,949,000 | 2,467,080 | 2,136,960 | 2,255,430 | 2,149,040 | 1,755,640 | 1,659,240 | 1,558,020 | 1,485,650 |
| Total current liabilities | US$ in thousands | 1,880,320 | 1,788,990 | 1,663,850 | 1,701,820 | 1,636,450 | 1,854,720 | 1,811,040 | 1,743,640 | 1,771,690 | 1,691,620 | 1,578,830 | 1,519,270 | 1,848,000 | 1,460,130 | 1,664,160 | 1,682,090 | 1,609,560 | 1,288,910 | 1,186,880 | 1,114,220 |
| Working capital turnover | 9.23 | 14.19 | 22.44 | 43.34 | 21.71 | 42.34 | 72.89 | 45.29 | 14.93 | 16.58 | 15.68 | 16.99 | 10.97 | 9.36 | 10.17 | 12.62 | 40.39 | 15.91 | 15.64 | 15.37 |
January 28, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $7,750,650K ÷ ($2,719,800K – $1,880,320K)
= 9.23
The working capital turnover ratio of Williams-Sonoma Inc has exhibited fluctuations over the past several quarters. The ratio was lowest at 9.23 in January 28, 2024, indicating that the company generated $9.23 in revenue for every dollar of working capital invested during that period. Conversely, the highest working capital turnover ratio of 72.89 was recorded on July 31, 2022, suggesting a significant improvement in the efficiency of the company's working capital management.
Overall, the working capital turnover ratio of Williams-Sonoma Inc has displayed volatility, with some quarters showing exceptionally high ratios and others demonstrating lower efficiency in utilizing working capital. It would be important for stakeholders to closely monitor this ratio to ensure optimal utilization of the company's resources and effective management of liquidity.
See also:
Williams-Sonoma Inc Working Capital Turnover (Quarterly Data)