Ameren Corp (AEE)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,500,000 | 7,957,000 | 6,394,000 | 5,794,000 | 5,910,000 |
| Total current assets | US$ in thousands | 2,181,000 | 2,668,000 | 1,968,000 | 1,653,000 | 1,431,000 |
| Total current liabilities | US$ in thousands | 3,345,000 | 3,366,000 | 2,826,000 | 2,180,000 | 2,505,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $7,500,000K ÷ ($2,181,000K – $3,345,000K)
= —
To calculate Ameren Corp.'s working capital turnover ratio for the years provided, we need data on Ameren's working capital and its sales figures for each year. The working capital turnover ratio is a measure of how efficiently a company is utilizing its working capital to generate sales revenue.
Unfortunately, without specific values for working capital and sales, we are unable to calculate the working capital turnover ratio. It is essential to have this information to analyze Ameren Corp.'s efficiency in converting its working capital into sales over the years. Additionally, the trend of the working capital turnover ratio could provide insights into the company's operational efficiency and management of its working capital.
Peer comparison
Dec 31, 2023