Edison International (EIX)
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 | 17,599,000 | 17,321,000 | 16,822,000 | 16,450,000 | 16,338,000 | 16,648,000 | 17,174,000 | 17,218,000 | 17,220,000 | 16,535,000 | 16,606,000 | 15,913,000 | 14,905,000 | 14,731,000 | 14,076,000 | 13,748,000 | 13,578,000 | 13,391,000 | 12,488,000 | 12,313,000 |
| Total current assets | US$ in thousands | 7,155,000 | 7,444,000 | 8,512,000 | 7,878,000 | 6,811,000 | 7,235,000 | 7,416,000 | 7,210,000 | 7,070,000 | 6,441,000 | 5,653,000 | 5,273,000 | 5,491,000 | 6,028,000 | 4,921,000 | 5,328,000 | 5,061,000 | 5,855,000 | 4,796,000 | 4,911,000 |
| Total current liabilities | US$ in thousands | 8,439,000 | 8,507,000 | 8,274,000 | 7,907,000 | 8,598,000 | 9,027,000 | 8,827,000 | 8,366,000 | 10,347,000 | 10,820,000 | 9,262,000 | 8,342,000 | 8,609,000 | 8,962,000 | 7,815,000 | 9,497,000 | 10,277,000 | 8,616,000 | 5,899,000 | 6,248,000 |
| Working capital turnover | — | — | 70.68 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $17,599,000K ÷ ($7,155,000K – $8,439,000K)
= —
Working capital turnover is a financial ratio that indicates how efficiently a company is utilizing its working capital to generate revenue. In the case of Edison International, the working capital turnover for the period up to June 30, 2024, was 70.68. This implies that for every dollar of working capital invested, the company generated $70.68 of revenue during that period.
However, data beyond June 30, 2024, is not available, making it challenging to provide a more detailed trend analysis. It is essential to monitor this ratio over time to assess the company's ability to efficiently manage its working capital and generate sales. A higher working capital turnover ratio generally indicates better operational efficiency and liquidity management. Nonetheless, it is crucial to consider industry benchmarks and other financial metrics to gain a comprehensive understanding of the company's financial performance.
Peer comparison
Dec 31, 2024