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.