DTE Energy Company (DTE)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 407,000 | 442,000 | 19,228,000 | 14,964,000 | 12,177,000 |
| Total current assets | US$ in thousands | 3,607,000 | 3,539,000 | 4,180,000 | 3,317,000 | 3,498,000 |
| Total current liabilities | US$ in thousands | 5,106,000 | 5,883,000 | 5,173,000 | 6,346,000 | 2,691,000 |
| Working capital turnover | — | — | — | — | 15.09 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $407,000K ÷ ($3,607,000K – $5,106,000K)
= —
The working capital turnover ratio for DTE Energy Company as of December 31, 2020, stands at 15.09. It indicates that the company is efficiently utilizing its working capital to generate sales revenue. However, the lack of data for the years 2021 to 2024 restricts a trend analysis and the ability to assess any changes or developments in the company's working capital efficiency over time. The company may benefit from providing more up-to-date information to allow for a more comprehensive evaluation of its working capital turnover performance.
Peer comparison
Dec 31, 2024