Financial Ratio Analysis - Activity 14 - Vodafone Working Capital Turnover answer

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Activity 14 - Vodafone Working Capital Turnover answer

Vodafone	31 Mar 2002	31 Mar 2001
	£m	£m
Turnover	22,845	15,004
Net current assets (liabilities)	-4,017	5,805

Working Capital Turnover Ratio for Vodafone
31 March 2002	22,845 -4,017	-5.69 times
31 March 2001	15,004 5,805	2.58 times