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Watsco Inc 's Working Capital Ratio
WSO's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Watsco Inc 's Current Assets grew by 3.25 % in the Q3 2024 sequentially, while Current Liabilities decreased, this led to improvement in Watsco Inc 's Working Capital Ratio to 3.36, above Watsco Inc average Working Capital Ratio.
Within Miscellaneous Manufacturing industry 3 other companies have achieved higher Working Capital Ratio than Watsco Inc in third quarter 2024. While Working Capital Ratio total ranking has improved so far during the Q3 2024 to 327, from total ranking in the second quarter 2024 at 1324.
Explain Working Capital Ratio
How much Current Assetss WSO´s has?
What are WSO´s Current Liabilities?
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Select the Comparisons :
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Select the Ratio:
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| WSO Working Capital Ratio |
(Sep 30 2024)
Q3 |
(Jun 30 2024)
Q2 |
(Mar 31 2024)
Q1 |
(Dec 31 2023)
Q4 |
(Sep 30 2023)
Q3 |
| Y / Y Current Liabilities Change |
5.13 % |
-1.13 % |
7.66 % |
-21.46 % |
-5.52 % |
| Y / Y Current Assets Change |
14.74 % |
5.27 % |
15.42 % |
4.05 % |
13.31 % |
| Working Capital Ratio MRQ |
3.36 |
3.21 |
2.92 |
3.36 |
3.08 |
| WSO's Total
Ranking |
# 327 |
# 1324 |
# 367 |
# 486 |
# 523 |
| Seq. Current Liabilities Change |
-1.27 % |
-7.89 % |
44.12 % |
-19.78 % |
-7.15 % |
| Seq. Current Assets Change |
3.25 % |
1.2 % |
25.35 % |
-12.4 % |
-5.27 % |
| Working Capital Ratio third quarter 2024 Company Ranking |
| Within: |
No. |
| Miscellaneous Manufacturing Industry |
# 4 |
| Capital Goods Sector |
# 36 |
| Overall Market |
# 327 |
| Working Capital Ratio Statistics |
| High |
Average |
Low |
| 4.37 |
3.29 |
2.47 |
| (Dec 31 2015) |
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(Jun 30 2022) |
Cumulative Watsco Inc 's Working Capital Ratio
WSO's Working Capital Ratio for the trailling 12 Months
WSO Working Capital Ratio |
(Sep 30 2024)
12 Months |
(Jun 30 2024)
12 Months |
(Mar 31 2024)
12 Months |
(Dec 31 2023)
12 Months |
(Sep 30 2023)
12 Months |
| Y / Y Current Liabilities TTM Growth |
5.13 % |
-1.13 % |
7.66 % |
-21.46 % |
-5.52 % |
| Y / Y Current Assets TTM Growth |
14.74 % |
5.27 % |
15.42 % |
4.05 % |
13.31 % |
| Working Capital Ratio TTM |
3.2 |
3.12 |
3.07 |
3.02 |
2.84 |
| Total
Ranking TTM |
# 1060
| # 659
| # 830
| # 221
| # 3851
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| Seq. Current Liabilities TTM Growth |
-1.27 % |
-7.89 % |
44.12 % |
-19.78 % |
-7.15 % |
| Seq. Current Assets TTM Growth |
3.25 % |
1.2 % |
25.35 % |
-12.4 % |
-5.27 % |
On the trailing twelve months basis WSO Current Assets increased by 14.74 % in Q3 2024 year on year, faster than Current Liabilities, this led to increase in in Watsco Inc 's Working Capital Ratio to 3.2, Working Capital Ratio remained below WSO average. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Miscellaneous Manufacturing industry 13 other companies have achieved higher Working Capital Ratio than Watsco Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2024 from 659 to 1060.
Explain Working Capital Ratio
How much Current Assetss WSO´s has?
What are WSO´s Current Liabilities?
| TTM Working Capital Ratio Company Ranking |
| Within: |
No. |
| Within the Miscellaneous Manufacturing Industry |
# 14 |
| Capital Goods Sector |
# 101 |
| Within the Market |
# 1060 |
| trailing twelve months Working Capital Ratio Statistics |
| High |
Average |
Low |
| 3.94 |
3.23 |
2.57 |
| (March 31, 2016) |
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(Mar 31 2023) |
| Companies with similar Working Capital Ratio in the quarter ending Sep 30 2024, within Miscellaneous Manufacturing Industry | Working Capital Ratio | Sep 30 2024 MRQ Current Assets | Sep 30 2024 MRQ Current Liabilities | | Compx International inc | 7.52 | $ 103.499 Millions | $ 13.768 Millions | | Virtra Inc | 5.02 | $ 44.942 Millions | $ 8.958 Millions | | Acme United Corp | 4.74 | $ 98.774 Millions | $ 20.844 Millions | | Graco Inc | 4.47 | $ 1,612.495 Millions | $ 360.373 Millions | | Snap on Inc | 4.18 | $ 4,000.700 Millions | $ 956.400 Millions | | Daktronics Inc | 3.59 | $ 422.792 Millions | $ 117.639 Millions | | Littelfuse Inc | 3.55 | $ 1,562.523 Millions | $ 439.866 Millions | | Simpson Manufacturing Co inc | 3.53 | $ 1,334.766 Millions | $ 377.951 Millions | | Servotronics Inc | 3.53 | $ 30.478 Millions | $ 8.633 Millions | | Advanced Drainage Systems Inc | 3.38 | $ 1,491.920 Millions | $ 441.104 Millions | | Watsco Inc | 3.36 | $ 3,132.992 Millions | $ 933.149 Millions | | Playags Inc | 3.35 | $ 168.809 Millions | $ 50.371 Millions | | Idex Corp | 2.97 | $ 1,677.800 Millions | $ 564.600 Millions | | Oil dri Corporation Of America | 2.76 | $ 151.537 Millions | $ 54.841 Millions | | The Eastern Company | 2.64 | $ 126.070 Millions | $ 47.827 Millions | | Lifetime Brands Inc | 2.58 | $ 399.945 Millions | $ 154.903 Millions | | Winnebago Industries Inc | 2.44 | $ 988.700 Millions | $ 404.700 Millions | | Array Technologies Inc | 2.41 | $ 902.282 Millions | $ 374.888 Millions | | The Gorman rupp Company | 2.39 | $ 240.638 Millions | $ 100.515 Millions | | Hillman Solutions Corp | 2.32 | $ 624.404 Millions | $ 269.112 Millions | | Ampco pittsburgh Corp | 2.01 | $ 238.707 Millions | $ 118.760 Millions | | Flowserve Corp | 1.99 | $ 2,869.787 Millions | $ 1,440.366 Millions | | Xylem Inc | 1.96 | $ 4,013.000 Millions | $ 2,052.000 Millions | | Brady Corp | 1.84 | $ 556.069 Millions | $ 301.470 Millions | | Powell Industries Inc | 1.81 | $ 776.481 Millions | $ 428.015 Millions | | Ferguson Enterprises Inc | 1.80 | $ 9,625.000 Millions | $ 5,333.000 Millions | | Thor Industries Inc | 1.71 | $ 2,532.964 Millions | $ 1,481.505 Millions | | Itt Inc | 1.58 | $ 2,010.800 Millions | $ 1,274.700 Millions | | Stanley Black and Decker Inc | 1.29 | $ 6,830.900 Millions | $ 5,292.300 Millions | | Amcor Plc | 1.29 | $ 5,238.000 Millions | $ 4,068.000 Millions |
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