American Electric Power Co Inc (AEP)

Working capital turnover

Dec 31, 2024 Sep 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019
Revenue (ttm) US$ in thousands 19,719,300 20,364,700 19,317,100 18,982,300 19,286,200 19,470,600 19,737,800 19,639,500 18,819,800 17,916,700 17,103,500 16,792,000 16,341,200 15,784,600 15,452,100 14,918,500 14,923,900 15,172,500 15,252,100 15,561,400
Total current assets US$ in thousands 5,788,800 6,020,800 5,849,600 6,082,100 6,736,600 8,041,300 7,798,200 6,775,500 9,320,000 9,371,000 8,268,000 7,809,200 5,785,100 4,605,800 4,258,400 4,351,500 4,338,200 4,273,200 5,292,000 4,077,800
Total current liabilities US$ in thousands 13,009,300 10,647,600 10,906,600 11,583,600 11,278,100 13,267,100 12,621,700 13,266,300 11,836,400 12,448,000 13,568,600 12,426,700 9,954,000 10,428,600 10,220,100 9,926,700 9,047,200 10,122,000 11,654,700 10,299,100
Working capital turnover — — — — — — — — — — — — — — — — — — — —

December 31, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $19,719,300K ÷ ($5,788,800K – $13,009,300K)
= —

The data provided shows that American Electric Power Co Inc's working capital turnover has not been calculated or reported for the periods from December 2019 to December 2024. Working capital turnover ratio is a financial metric used to evaluate a company's efficiency in managing its working capital to generate sales. This ratio indicates how effectively a company is utilizing its working capital to support its operations.

As the working capital turnover data is not available for the specified periods, it is challenging to assess American Electric Power Co Inc's performance in this aspect. For further analysis and insights into the company's working capital management efficiency, actual working capital figures and sales data would be needed to calculate the turnover ratio.

However, the absence of reported working capital turnover may suggest a lack of focus on this specific financial metric or could be due to the nature of the industry or the company's financial reporting practices. It is important for stakeholders to monitor and assess various financial ratios, including working capital turnover, to gain a holistic view of the company's financial health and operating efficiency.