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', PKE's working capital turnover was 0.45, showing how efficiently working capital is deployed. Industry average for Military/Government/Technical in '2022' stood at 2.89.
• In '2023', PKE's working capital turnover was 0.50, showing how efficiently working capital is deployed. The increase since '2022' reflects strengthening financial performance. Industry average for Military/Government/Technical in '2023' stood at 3.35. Industry average increased by 0.46 compared to previous year.
• In '2024', PKE's working capital turnover was 0.60, showing how efficiently working capital is deployed. The increase since '2023' reflects strengthening financial performance. Industry average for Military/Government/Technical in '2024' stood at 3.40. Industry average increased by 0.05 compared to previous year.
• In '2025', PKE's working capital turnover was 0.73, showing how efficiently working capital is deployed. The increase since '2024' reflects strengthening financial performance. Industry average for Military/Government/Technical in '2025' stood at 0.73. Industry average declined by 2.67 from previous year.
Overall, PKE's working capital turnover has been volatile but showed an upward trend over the past 4 years.

Formula: Working Capital Turnover = Net Sales / Working Capital

Good Range: Ranges 5-20 depending on business.