Avista Corporation (AVA)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,938,000 | 1,751,550 | 1,710,210 | 1,438,940 | 1,321,890 |
| Total current assets | US$ in thousands | 656,000 | 661,842 | 721,802 | 434,473 | 343,977 |
| Total current liabilities | US$ in thousands | 771,000 | 775,205 | 964,534 | 913,106 | 505,879 |
| Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,938,000K ÷ ($656,000K – $771,000K)
= —
Based on the provided data, Avista Corporation's working capital turnover ratio for the years 2020 to 2024 is not available (N/A) or indeterminable (—). The working capital turnover ratio is a financial metric that evaluates how efficiently a company utilizes its working capital to generate sales revenue.
Without specific figures for working capital and sales for the respective years, it is difficult to assess Avista Corporation's effectiveness in converting its working capital into sales. Monitoring the working capital turnover ratio over time can provide insights into the company's liquidity management and operational efficiency. However, the lack of available data limits the ability to analyze this particular aspect of Avista Corporation's financial performance.
Peer comparison
Dec 31, 2024