Working Capital Ratios by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2019

Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/wcdata.xls

For global datasets: http://www.stern.nyu.edu/~adamodar/New_Home_Page/data.html

can be obtained by clicking here

on which companies are included in each industry


Industry Name Number of firms Acc Rec/ Sales Inventory/Sales Acc Pay/ Sales Non-cash WC/ Sales
Advertising 48 47.85% 4.51% 51.28% 0.72%
Aerospace/Defense 85 21.01% 24.08% 10.40% 33.74%
Air Transport 18 4.64% 2.57% 5.72% 1.96%
Apparel 50 13.09% 19.49% 7.26% 25.65%
Auto & Truck 14 4.85% 8.46% 15.18% -6.65%
Auto Parts 52 15.70% 9.05% 13.99% 11.25%
Bank (Money Center) 10 0.00% 0.37% NA NA
Banks (Regional) 633 0.00% 1.40% NA NA
Beverage (Alcoholic) 31 11.77% 18.53% 17.73% 14.88%
Beverage (Soft) 37 12.72% 6.43% 25.62% -2.56%
Broadcasting 24 24.07% 3.69% 3.38% 21.97%
Brokerage & Investment Banking 38 160.32% 0.14% NA NA
Building Materials 42 13.16% 12.19% 9.86% 15.06%
Business & Consumer Services 168 18.26% 1.79% 6.70% 14.13%
Cable TV 14 7.69% 0.19% 6.33% -0.25%
Chemical (Basic) 39 14.98% 12.88% 9.44% 20.40%
Chemical (Diversified) 6 16.41% 18.15% 14.17% 22.70%
Chemical (Specialty) 89 16.62% 14.10% 11.85% 18.22%
Coal & Related Energy 23 7.11% 6.73% 10.80% 3.83%
Computer Services 119 16.50% 5.48% 10.76% 12.18%
Computers/Peripherals 57 10.13% 4.66% 20.59% -8.73%
Construction Supplies 48 13.74% 16.39% 12.01% 16.00%
Diversified 23 14.86% 10.32% 13.73% 5.98%
Drugs (Biotechnology) 481 17.22% 7.39% 11.57% 13.44%
Drugs (Pharmaceutical) 237 19.12% 13.49% 7.94% 22.15%
Education 35 13.44% 2.12% 6.09% 11.63%
Electrical Equipment 116 18.07% 12.85% 10.79% 19.15%
Electronics (Consumer & Office) 19 15.65% 15.64% 15.06% 14.06%
Electronics (General) 160 17.54% 16.09% 13.64% 20.36%
Engineering/Construction 52 25.79% 1.23% 9.68% 17.23%
Entertainment 120 14.82% 2.39% 8.03% 9.70%
Environmental & Waste Services 91 15.51% 1.21% 6.04% 10.29%
Farming/Agriculture 33 7.42% 15.15% 10.78% 12.15%
Financial Svcs. (Non-bank & Insurance) 259 2548.18% 0.47% NA NA
Food Processing 83 7.92% 11.38% 10.94% 6.63%
Food Wholesalers 18 6.80% 7.51% 7.30% 7.31%
Furn/Home Furnishings 30 13.95% 16.02% 13.88% 14.77%
Green & Renewable Energy 21 22.22% 1.99% 18.47% 6.42%
Healthcare Products 248 16.83% 14.97% 7.61% 22.60%
Healthcare Support Services 111 6.15% 4.66% 15.08% -5.20%
Heathcare Information and Technology 119 20.50% 8.43% 7.11% 22.46%
Homebuilding 31 1.20% 77.59% 4.86% 73.90%
Hospitals/Healthcare Facilities 34 14.21% 2.23% 5.69% 11.87%
Hotel/Gaming 70 10.03% 4.05% 5.38% 6.87%
Household Products 141 10.19% 10.28% 12.25% 11.72%
Information Services 71 22.49% 0.26% 7.96% 4.27%
Insurance (General) 20 23.44% 0.00% 96.75% -26.41%
Insurance (Life) 23 15.80% 0.00% 19.44% 17.10%
Insurance (Prop/Cas.) 50 18.23% 0.00% 88.94% -45.81%
Investments & Asset Management 172 14.22% 0.02% NA NA
Machinery 127 17.78% 14.88% 9.56% 22.23%
Metals & Mining 94 7.91% 16.57% 11.14% 13.83%
Office Equipment & Services 24 12.54% 10.49% 13.53% 9.11%
Oil/Gas (Integrated) 5 11.31% 5.76% 13.89% 3.66%
Oil/Gas (Production and Exploration) 301 14.12% 2.14% 13.18% -3.22%
Oil/Gas Distribution 20 10.13% 2.64% 8.83% 4.20%
Oilfield Svcs/Equip. 134 10.78% 8.21% 10.00% 8.46%
Packaging & Container 27 14.46% 11.80% 13.97% 10.69%
Paper/Forest Products 20 9.02% 12.68% 8.82% 12.77%
Power 51 14.83% 5.89% 11.51% 4.94%
Precious Metals 91 2.21% 19.45% 5.99% 15.00%
Publishing & Newspapers 33 15.69% 4.94% 8.18% 14.22%
R.E.I.T. 238 70.60% 0.45% 13.54% 61.60%
Real Estate (Development) 18 8.34% 46.31% 7.71% 23.16%
Real Estate (General/Diversified) 11 16.11% 227.05% 31.19% 215.51%
Real Estate (Operations & Services) 59 17.17% 0.07% 8.17% 11.92%
Recreation 72 14.07% 13.90% 8.49% 18.90%
Reinsurance 2 17.95% 0.00% 30.09% -0.61%
Restaurant/Dining 78 5.11% 2.56% 4.67% 0.81%
Retail (Automotive) 24 2.79% 18.67% 8.88% 12.94%
Retail (Building Supply) 17 1.20% 16.04% 10.10% 6.89%
Retail (Distributors) 88 13.39% 14.06% 9.02% 17.75%
Retail (General) 19 0.96% 12.13% 10.56% 2.07%
Retail (Grocery and Food) 12 1.16% 5.70% 5.13% 0.07%
Retail (Online) 79 5.79% 6.22% 13.01% -1.18%
Retail (Special Lines) 91 3.14% 14.84% 10.61% 7.89%
Rubber& Tires 4 17.52% 18.77% 16.62% 16.35%
Semiconductor 72 12.80% 11.18% 6.19% 16.87%
Semiconductor Equip 41 16.13% 17.73% 5.96% 24.91%
Shipbuilding & Marine 9 11.69% 14.50% 8.21% 18.46%
Shoe 10 12.15% 14.73% 7.41% 19.46%
Software (Entertainment) 92 13.14% 0.62% 2.72% 6.33%
Software (Internet) 44 9.73% 0.01% 3.36% 10.31%
Software (System & Application) 355 15.46% 1.47% 5.05% 11.27%
Steel 37 11.72% 17.35% 8.27% 20.93%
Telecom (Wireless) 21 11.31% 2.64% 13.13% 1.58%
Telecom. Equipment 98 19.34% 6.15% 6.38% 17.41%
Telecom. Services 67 16.77% 0.48% 17.88% 1.80%
Tobacco 17 6.87% 22.77% 3.97% 15.52%
Transportation 19 13.32% 0.30% 5.78% 7.99%
Transportation (Railroads) 10 8.60% 3.05% 7.88% 2.90%
Trucking 28 13.28% 0.33% 6.46% 6.69%
Utility (General) 18 12.55% 6.48% 8.50% 5.72%
Utility (Water) 19 15.88% 1.38% 6.74% 7.81%
Total Market  7209 49.20% 8.04% 81.17% -24.07%
Total Market (without financials) 6004 11.87% 8.91% 11.18% 8.62%

Last Updated in January 2019
By Aswath Damodaran