Edison International (EIX)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 16,338,000 | 17,220,000 | 14,905,000 | 13,578,000 | 12,347,000 |
| Total current assets | US$ in thousands | 6,811,000 | 7,070,000 | 5,491,000 | 5,061,000 | 3,560,000 |
| Total current liabilities | US$ in thousands | 8,598,000 | 10,347,000 | 8,609,000 | 10,277,000 | 5,523,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $16,338,000K ÷ ($6,811,000K – $8,598,000K)
= —
Working capital turnover measures how efficiently a company generates revenue using its working capital. The formula for working capital turnover is sales divided by the average working capital. Based on the data provided, we do not have specific figures for working capital or sales to calculate the working capital turnover ratio for each year. However, a high working capital turnover ratio indicates that the company is effectively using its working capital to generate sales, while a low ratio may suggest inefficiency in managing working capital. To provide a more detailed analysis, we would need the specific values for sales and working capital for each year to calculate the turnover ratio and assess the trend over the years.
Peer comparison
Dec 31, 2023