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', VHC's working capital turnover was 0.00, showing how efficiently working capital is deployed. Industry average for Multi-Sector Companies in '2021' stood at 1.20.
• In '2022', VHC's working capital turnover was 0.00, showing how efficiently working capital is deployed. The increase since '2021' reflects strengthening financial performance. Industry average for Multi-Sector Companies in '2022' stood at 0.61. Industry average declined by 0.59 from previous year.
• In '2023', VHC's working capital turnover was 0.00, showing how efficiently working capital is deployed. The decline from '2022' may indicate some operational or financial challenges. Industry average for Multi-Sector Companies in '2023' stood at 0.34. Industry average declined by 0.26 from previous year.
• In '2024', VHC's working capital turnover was 0.00, showing how efficiently working capital is deployed. The figure remained stable compared to '2023'. Industry average for Multi-Sector Companies in '2024' stood at 0.07. Industry average declined by 0.28 from previous year.
Overall, VHC's working capital turnover has been volatile but generally stable over the past 4 years.

Formula: Working Capital Turnover = Net Sales / Working Capital

Good Range: Ranges 5-20 depending on business.