Entergy Corporation (ETR)

Working capital turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2019	Dec 31, 2018
Revenue	US$ in thousands	11,209,600	12,477,900	10,993,900	10,116,300	10,266,400
Total current assets	US$ in thousands	3,660,870	4,095,030	3,623,600	3,045,990	2,958,060
Total current liabilities	US$ in thousands	6,396,490	6,369,450	6,190,740	5,620,460	5,443,540
Working capital turnover		—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $11,209,600K ÷ ($3,660,870K – $6,396,490K)
= —

To calculate the Working Capital Turnover ratio for Entergy Corp., we would need data on the cost of goods sold and the average working capital for each year. In this case, since the data is not provided, we are unable to compute the exact Working Capital Turnover ratio for Entergy Corp. for the years 2019 to 2023.

The Working Capital Turnover ratio indicates how efficiently a company is using its working capital to generate sales revenue. A higher ratio implies that the company is generating more revenue per unit of working capital, which is favorable. Conversely, a lower ratio may suggest inefficiency in utilizing working capital.

For a more in-depth analysis, it is recommended to calculate the Working Capital Turnover ratio for each year using the formula: Working Capital Turnover = Net Sales / Average Working Capital. This would provide insights into Entergy Corp.'s efficiency in managing its working capital over the years and help in assessing its operational performance.