American Water Works (AWK)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,653,000 | 4,217,000 | 3,782,000 | 4,677,000 | 3,777,000 |
| Total current assets | US$ in thousands | 1,215,000 | 1,389,000 | 1,250,000 | 1,554,000 | 1,906,000 |
| Total current liabilities | US$ in thousands | 3,150,000 | 2,151,000 | 2,811,000 | 2,141,000 | 2,881,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,653,000K ÷ ($1,215,000K – $3,150,000K)
= —
The working capital turnover ratio for American Water Works for the years 2020, 2021, 2022, 2023, and 2024 is not available in the data provided. The working capital turnover ratio is a measure of how efficiently a company is utilizing its working capital to generate sales. It indicates the number of times a company's working capital is used and replenished within a specific period.
Without the specific working capital turnover ratios for the mentioned years, it is not possible to assess how effectively American Water Works is managing its working capital in relation to its sales activities. Monitoring this ratio over time can provide insights into the company's liquidity management and operational efficiency. It would be advisable for the company to calculate and track this ratio to better understand its working capital utilization and potential improvements in efficiency.
Peer comparison
Dec 31, 2024