Bitfufu Ordinary Shares(Fufu) 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 FUFU 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 '2021', FUFU's working capital turnover was 21.54, showing how efficiently working capital is deployed. Industry average for Finance: Consumer Services in '2021' stood at 0.62.
• In '2022', FUFU's working capital turnover was 38.50, showing how efficiently working capital is deployed. The increase since '2021' reflects strengthening financial performance. Industry average for Finance: Consumer Services in '2022' stood at 0.94. Industry average increased by 0.32 compared to previous year.
• In '2023', FUFU's working capital turnover was 14.06, showing how efficiently working capital is deployed. The decline from '2022' may indicate some operational or financial challenges. Industry average for Finance: Consumer Services in '2023' stood at 0.68. Industry average declined by 0.26 from previous year.
• In '2024', FUFU's working capital turnover was 3.92, showing how efficiently working capital is deployed. The decline from '2023' may indicate some operational or financial challenges. Industry average for Finance: Consumer Services in '2024' stood at 0.75. Industry average increased by 0.07 compared to previous year.
Overall, FUFU's working capital turnover has been volatile but showed a downward trend over the past 4 years.
Formula: Working Capital Turnover = Net Sales / Working Capital
Good Range: Ranges 5-20 depending on business.