American Electric Power Co Inc (AEP)
Working capital turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 19,721,300 | 18,982,300 | 19,639,500 | 16,792,000 | 14,918,500 |
Total current assets | US$ in thousands | 5,788,800 | 6,082,100 | 6,775,500 | 7,809,200 | 4,351,500 |
Total current liabilities | US$ in thousands | 13,009,300 | 11,583,600 | 13,266,300 | 12,426,700 | 9,926,700 |
Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $19,721,300K ÷ ($5,788,800K – $13,009,300K)
= —
The data provided shows that the working capital turnover ratio for American Electric Power Co Inc is not available for the years 2020 to 2024. The working capital turnover ratio is an efficiency ratio that measures a company's ability to generate revenue from its working capital. A higher ratio typically indicates that the company is efficiently managing its working capital to generate sales. However, without specific data for American Electric Power Co Inc, it is not possible to analyze the trend or make any definitive conclusions regarding the company's working capital turnover performance during the specified years. It is recommended to obtain more detailed financial information or historical data to conduct a thorough analysis of the company's working capital turnover ratio.
Peer comparison
Dec 31, 2024