Woodward Inc (WWD)
Working capital turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,567,064 | 3,426,288 | 3,358,530 | 3,310,244 | 3,324,249 | 3,246,831 | 3,199,806 | 3,082,677 | 2,914,566 | 2,777,529 | 2,591,198 | 2,459,823 | 2,382,790 | 2,312,974 | 2,255,317 | 2,249,799 | 2,245,832 | 2,206,879 | 2,174,030 | 2,312,929 |
| Total current assets | US$ in thousands | 1,884,410 | 2,061,160 | 1,911,940 | 1,724,600 | 1,743,610 | 1,788,360 | 1,811,970 | 1,546,160 | 1,469,450 | 1,490,480 | 1,470,690 | 1,359,500 | 1,311,970 | 1,253,720 | 1,331,390 | 1,446,730 | 1,464,720 | 1,443,530 | 1,368,160 | 1,246,550 |
| Total current liabilities | US$ in thousands | 907,389 | 1,010,200 | 979,717 | 914,822 | 923,510 | 913,092 | 691,855 | 582,814 | 617,196 | 586,659 | 666,944 | 633,161 | 539,113 | 424,474 | 369,046 | 329,508 | 366,257 | 340,577 | 341,408 | 328,110 |
| Working capital turnover | 3.65 | 3.26 | 3.60 | 4.09 | 4.05 | 3.71 | 2.86 | 3.20 | 3.42 | 3.07 | 3.22 | 3.39 | 3.08 | 2.79 | 2.34 | 2.01 | 2.04 | 2.00 | 2.12 | 2.52 |
September 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,567,064K ÷ ($1,884,410K – $907,389K)
= 3.65
Peer comparison
Sep 30, 2025
Company name
Symbol
Working capital turnover
Woodward Inc
WWD
3.65
GE Aerospace
GE
28.40
General Dynamics Corporation
GD
7.05
Hexcel Corporation
HXL
3.74
L3Harris Technologies Inc
LHX
15.99
Lockheed Martin Corporation
LMT
37.03
Northrop Grumman Corporation
NOC
34.50
Raytheon Technologies Corp
RTX
57.24
Textron Inc
TXT
2.43
The Boeing Company
BA
3.03
Transdigm Group Incorporated
TDG
1.83