Eversource Energy (ES)

Working capital turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	11,910,680	12,246,180	12,670,280	12,613,580	12,289,250	11,741,430	10,958,630	10,508,490	9,863,020	9,615,070	9,525,870	9,356,470	8,904,330	8,720,800	8,553,000	8,484,400	8,526,500	8,511,000	8,606,600	8,576,000
Total current assets	US$ in thousands	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	2,414,540	2,220,900	2,131,700	2,300,860
Total current liabilities	US$ in thousands	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	3,605,560	3,748,910	3,512,120	4,559,360
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $11,910,680K ÷ ($4,247,990K – $6,341,400K)
= —

As the table does not provide specific numerical data for the working capital turnover of Eversource Energy, it is not possible to calculate or analyze the ratio for the specified quarters. Additional financial information would be necessary to determine how efficiently the company is utilizing its working capital to generate revenue. A higher working capital turnover ratio typically indicates that the company is managing its working capital effectively and generating more revenue per dollar of working capital invested. Conversely, a lower ratio may suggest inefficiencies in managing working capital or slow inventory turnover. Further insights into Eversource Energy's financial performance could be obtained by examining trends in working capital turnover over time and comparing them to industry benchmarks.