Dominion Energy Inc (D)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 14,459,000 | 14,593,000 | 14,462,000 | 14,142,000 | 14,393,000 | 15,772,000 | 15,925,000 | 16,355,000 | 16,751,000 | 15,718,000 | 14,931,000 | 14,373,000 | 13,964,000 | 13,605,000 | 14,036,000 | 14,104,000 | 14,172,000 | 15,126,000 | 15,301,000 | 16,165,000 |
| Total current assets | US$ in thousands | 6,613,000 | 7,991,000 | 10,752,000 | 16,189,000 | 25,387,000 | 24,679,000 | 7,977,000 | 9,605,000 | 9,850,000 | 8,699,000 | 11,388,000 | 8,383,000 | 7,269,000 | 9,298,000 | 6,923,000 | 6,662,000 | 6,886,000 | 19,829,000 | 6,124,000 | 6,536,000 |
| Total current liabilities | US$ in thousands | 9,289,000 | 10,832,000 | 11,506,000 | 15,418,000 | 24,476,000 | 21,633,000 | 13,986,000 | 12,762,000 | 13,450,000 | 12,172,000 | 13,166,000 | 10,581,000 | 8,673,000 | 13,223,000 | 11,676,000 | 11,836,000 | 10,843,000 | 17,560,000 | 9,537,000 | 10,448,000 |
| Working capital turnover | — | — | — | 18.34 | 15.80 | 5.18 | — | — | — | — | — | — | — | — | — | — | — | 6.67 | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $14,459,000K ÷ ($6,613,000K – $9,289,000K)
= —
Based on the data provided for Dominion Energy Inc's working capital turnover ratio, we observe fluctuations and periods of inactivity in the ratio over the past few years.
The working capital turnover ratio, which measures how efficiently a company generates revenue from its working capital, was not calculable for some periods as indicated by the "—". However, we note that the ratio was 6.67 for the quarter ending September 30, 2020, suggesting that the company was generating $6.67 in revenue for every dollar of working capital invested during that period.
Subsequently, the ratio remained inactive or not provided for several quarters until a significant improvement was shown in the quarter ending December 31, 2023, with a substantial increase to 15.80. This sudden jump indicates that Dominion Energy Inc improved its efficiency in utilizing its working capital to generate revenue.
The trend continued to improve in the following quarters, with the working capital turnover ratio reaching 18.34 by March 31, 2024. This sharp increase suggests that the company has been able to more effectively leverage its working capital to drive revenue growth during this period.
However, it is worth noting that the ratio was not calculated for the most recent periods, indicating that data for those quarters was not available or applicable. As such, additional data and insight would be needed to provide a more comprehensive analysis of Dominion Energy Inc's working capital turnover in those later periods.
Peer comparison
Dec 31, 2024