Coreweave(Crwv) 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 CRWV 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 '2023', CRWV's working capital turnover was -0.46, showing how efficiently working capital is deployed. Industry average for Computer Software: Prepackaged Software in '2023' stood at 1.54.
• In '2024', CRWV's working capital turnover was -1.08, showing how efficiently working capital is deployed. The decline from '2023' may indicate some operational or financial challenges. Industry average for Computer Software: Prepackaged Software in '2024' stood at 1.52. Industry average declined by 0.02 from previous year.
Overall, CRWV's working capital turnover has been volatile but showed a downward trend over the past 2 years.
Formula: Working Capital Turnover = Net Sales / Working Capital
Good Range: Ranges 5-20 depending on business.