Eversource Energy (ES)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,900,800 | 11,910,700 | 12,289,300 | 9,863,080 | 8,904,430 |
| Total current assets | US$ in thousands | 5,076,070 | 4,247,990 | 4,223,200 | 3,270,120 | 3,130,140 |
| Total current liabilities | US$ in thousands | 6,720,960 | 6,341,400 | 6,799,280 | 5,847,040 | 4,915,010 |
| Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $11,900,800K ÷ ($5,076,070K – $6,720,960K)
= —
Based on the provided data, the working capital turnover for Eversource Energy from December 31, 2020, to December 31, 2024, is not available (denoted as "—"). The absence of specific figures for this ratio across the mentioned years indicates a lack of information regarding the company's efficiency in managing its working capital to support its operational needs and growth.
Without the working capital turnover data, it is difficult to assess how effectively Eversource Energy is utilizing its current assets to generate sales revenue. A higher working capital turnover ratio usually suggests efficient management of working capital, while a lower ratio may indicate inefficiencies or potential liquidity issues.
In order to gain a more comprehensive understanding of Eversource Energy's financial performance and liquidity management, it would be beneficial to obtain the actual figures for the working capital turnover ratio and conduct a thorough analysis in conjunction with other financial metrics and information.
Peer comparison
Dec 31, 2024