Constellation Energy Corp (CEG)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 23,568,000 | 24,918,000 | 24,440,000 | 19,649,000 | 17,603,000 |
| Total current assets | US$ in thousands | 2,306,000 | 8,299,000 | 9,360,000 | 7,981,000 | 6,947,000 |
| Total current liabilities | US$ in thousands | 6,846,000 | 6,319,000 | 7,839,000 | 7,996,000 | 5,219,000 |
| Working capital turnover | — | 12.58 | 16.07 | — | 10.19 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $23,568,000K ÷ ($2,306,000K – $6,846,000K)
= —
Constellation Energy Corp's working capital turnover ratio has shown fluctuation over the years. In 2020, the working capital turnover ratio was 10.19, indicating that the company generated $10.19 in revenue for every dollar of working capital invested. The ratio was not available for 2021 and 2024. However, in 2022, there was a significant improvement with a working capital turnover ratio of 16.07, suggesting the company efficiently utilized its working capital to generate revenue. In 2023, the ratio decreased to 12.58, indicating a slightly lower efficiency in utilizing working capital compared to 2022. Overall, the trend in working capital turnover ratios for Constellation Energy Corp shows variability in how effectively the company is managing its working capital to generate revenue.
Peer comparison
Dec 31, 2024