Eversource Energy (ES)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,910,700 | 12,289,300 | 9,863,080 | 8,904,430 | 8,526,500 |
| Total current assets | US$ in thousands | 4,247,990 | 4,223,200 | 3,270,120 | 3,130,140 | 2,414,540 |
| Total current liabilities | US$ in thousands | 6,341,400 | 6,799,280 | 5,847,040 | 4,915,010 | 3,605,560 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $11,910,700K ÷ ($4,247,990K – $6,341,400K)
= —
To calculate the working capital turnover for Eversource Energy, we need to use the following formula:
Working Capital Turnover = Revenue / Average Working Capital
However, without the specific data for the working capital and revenue figures for Eversource Energy for the years provided, we are unable to compute the working capital turnover ratio accurately. It is essential to have both the revenue and working capital values to evaluate this ratio effectively.
In order to perform a thorough analysis of Eversource Energy's working capital turnover, we would require access to detailed financial statements or additional information regarding the company's revenue and working capital for the respective years. By utilizing this information, we could calculate and interpret the working capital turnover ratio, providing valuable insights into the efficiency of the company's management of its working capital to generate revenue.
Peer comparison
Dec 31, 2023