Webull Warrants(Bullw) 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 BULLW 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 '2022', BULLW's working capital turnover was 0.84, showing how efficiently working capital is deployed. Industry average for Investment Bankers/Brokers/Service in '2022' stood at 1.73.
• In '2023', BULLW's working capital turnover was 0.81, showing how efficiently working capital is deployed. The decline from '2022' may indicate some operational or financial challenges. Industry average for Investment Bankers/Brokers/Service in '2023' stood at 1.84. Industry average increased by 0.11 compared to previous year.
• In '2024', BULLW's working capital turnover was 0.79, showing how efficiently working capital is deployed. The decline from '2023' may indicate some operational or financial challenges. Industry average for Investment Bankers/Brokers/Service in '2024' stood at 1.82. Industry average declined by 0.02 from previous year.
Overall, BULLW's working capital turnover has consistently declined during the past 3 years.
Formula: Working Capital Turnover = Net Sales / Working Capital
Good Range: Ranges 5-20 depending on business.