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', LMNR's working capital turnover was 24.54, showing how efficiently working capital is deployed. Industry average for Farming/Seeds/Milling in '2021' stood at 2.39.
• In '2022', LMNR's working capital turnover was 73.46, showing how efficiently working capital is deployed. The increase since '2021' reflects strengthening financial performance. Industry average for Farming/Seeds/Milling in '2022' stood at 2.02. Industry average declined by 0.37 from previous year.
• In '2023', LMNR's working capital turnover was -73.85, showing how efficiently working capital is deployed. The decline from '2022' may indicate some operational or financial challenges. Industry average for Farming/Seeds/Milling in '2023' stood at 1.44. Industry average declined by 0.58 from previous year.
• In '2024', LMNR's working capital turnover was -31.68, showing how efficiently working capital is deployed. The increase since '2023' reflects strengthening financial performance. Industry average for Farming/Seeds/Milling in '2024' stood at 2.41. Industry average increased by 0.97 compared to previous year.
Overall, LMNR'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.