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.