American Electric Power Company Inc (AEP)

Working capital turnover

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	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	15,746,500	15,764,600	16,204,200
Total current assets	US$ in thousands	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	4,166,400	4,061,300	3,914,800
Total current liabilities	US$ in thousands	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	8,611,200	8,357,100	7,990,600
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $18,982,300K ÷ ($6,082,100K – $11,583,600K)
= —

As the working capital turnover ratio values are not provided in the given table for the quarters specified, it is not possible to analyze the trend or performance of this financial metric for American Electric Power Company Inc. without the relevant data. The working capital turnover ratio is a measure of how efficiently a company is utilizing its working capital to generate sales revenue. It indicates how many times a company's working capital is converted into revenue over a specific period. It is calculated by dividing net sales by average working capital.

Without the actual values of the working capital turnover ratio for the specified quarters, it is challenging to assess the company's working capital management efficiency and its impact on generating revenue. Furthermore, the absence of this specific data precludes a comprehensive analysis of the company's liquidity and operational effectiveness over the given time periods. Additional information or updated financial data is necessary to perform a thorough evaluation of American Electric Power Company Inc.'s working capital turnover performance.