Atmos Energy Corporation (ATO)

Working capital turnover

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	US$ in thousands	4,165,190	4,275,360	4,201,660	3,407,490	2,821,140
Total current assets	US$ in thousands	1,132,310	885,768	3,047,690	2,838,720	471,258
Total current liabilities	US$ in thousands	1,205,880	1,352,590	3,602,600	3,510,360	782,401
Working capital turnover		—	—	—	—	—

September 30, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,165,190K ÷ ($1,132,310K – $1,205,880K)
= —

To calculate Atmos Energy Corporation's working capital turnover, we need the values of net sales and average working capital for each year. As the data provided does not include these figures, we are unable to compute the working capital turnover for any of the specified years. Working capital turnover is a crucial metric that indicates a company's efficiency in utilizing its working capital to generate sales. A higher working capital turnover ratio generally implies a more efficient use of working capital in generating revenue. Without the necessary data, a specific analysis of Atmos Energy Corporation's working capital turnover in the given years is not feasible.