Aifeex Nexus Acquisition Ordinary Shares(Aife) Financials: Working Capital Turnover Compared To Industry Average, Plus Other Key Ratios
Growth Trend (Last 5 Years)
Growth - working capital turnover
This chart shows the historical trend of working capital turnover for AIFE compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Working Capital Turnover
Definition: Working capital turnover shows how efficiently the company uses its short-term resources — like cash, inventory, and receivables — to generate sales. Higher turnover means the company squeezes more sales from its working capital. Lower turnover may indicate inefficient inventory, slow collections, or too much short-term capital tied up unnecessarily.
Interpretation:
• In '2024', AIFE's working capital turnover was -0.11, showing how efficiently working capital is deployed. Industry average for nan in '2024' stood at 0.33.
Overall, AIFE's working capital turnover has been volatile but generally stable over the past 1 years.
Formula: Working Capital Turnover = Net Sales / Working Capital
Good Range: Ranges 5-20 depending on business.