Black Hills Corporation (BKH)

Working capital turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 2,127,700 2,331,300 2,551,800 1,949,100 1,696,940
Total current assets US$ in thousands 742,300 826,600 1,071,700 808,133 493,291
Total current liabilities US$ in thousands 763,400 1,185,100 1,666,700 901,713 696,533
Working capital turnover — — — — —

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,127,700K ÷ ($742,300K – $763,400K)
= —

The working capital turnover ratio for Black Hills Corporation for the years 2020 to 2024 is not available as indicated by the "---" values. The working capital turnover ratio is a metric used to assess how efficiently a company is utilizing its working capital to generate sales over a specific period.

As the data is not provided for the mentioned years, it is not possible to analyze the company's efficiency in managing its working capital to support its sales operations during the specified period. A higher working capital turnover ratio generally indicates that the company is efficiently using its working capital to generate sales, while a lower ratio may imply inefficiencies in managing working capital.

To gain a more comprehensive understanding of Black Hills Corporation's working capital efficiency, it would be necessary to obtain the relevant financial data for these years to calculate and analyze the working capital turnover ratio accurately.