Eversource Energy (ES)
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 | 11,900,810 | 11,623,520 | 11,351,780 | 11,447,600 | 11,910,660 | 12,246,200 | 12,670,360 | 12,613,660 | 12,289,330 | 11,741,500 | 10,987,060 | 10,536,960 | 9,891,490 | 9,643,510 | 9,525,950 | 9,356,540 | 8,904,430 | 8,720,890 | 8,553,050 | 8,484,420 |
| Total current assets | US$ in thousands | 5,076,070 | 4,832,910 | 4,672,620 | 4,880,860 | 4,247,990 | 4,009,100 | 3,721,550 | 4,136,430 | 4,223,200 | 3,919,650 | 3,268,040 | 3,473,680 | 3,270,120 | 3,073,550 | 3,268,840 | 3,146,880 | 3,130,140 | 3,220,410 | 2,405,410 | 2,562,670 |
| Total current liabilities | US$ in thousands | 6,720,960 | 5,619,820 | 6,253,150 | 6,367,590 | 6,341,400 | 7,119,640 | 5,794,580 | 6,405,040 | 6,799,280 | 5,487,160 | 4,260,540 | 5,601,310 | 5,847,040 | 4,258,080 | 5,104,570 | 5,538,940 | 4,915,010 | 3,634,070 | 3,326,060 | 3,395,630 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $11,900,810K ÷ ($5,076,070K – $6,720,960K)
= —
The working capital turnover ratio for Eversource Energy is not available for the periods listed in the data provided. This could be due to missing or unavailable information regarding the company's working capital and revenue figures for those specific timeframes.
The working capital turnover ratio is typically used to assess how efficiently a company is utilizing its working capital to generate sales. A higher ratio indicates more effective utilization of working capital in generating revenue.
Without specific data points for the working capital turnover ratio, it is challenging to provide a detailed analysis of Eversource Energy's efficiency in managing its working capital in relation to its revenue generation over the specified periods. It would be beneficial to obtain the necessary information to calculate this ratio for a more thorough financial analysis of the company's operational efficiency and liquidity management.
Peer comparison
Dec 31, 2024