Entergy Corporation (ETR)
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 | 11,879,650 | 11,862,150 | 12,068,570 | 11,960,980 | 12,147,410 | 12,695,110 | 13,318,210 | 13,867,380 | 13,764,240 | 13,214,200 | 12,349,110 | 11,775,980 | 11,742,900 | 11,390,540 | 10,940,580 | 10,531,300 | 10,113,640 | 10,205,850 | 10,442,860 | 10,696,280 |
| Total current assets | US$ in thousands | 4,396,240 | 5,217,810 | 4,934,160 | 4,494,170 | 3,660,870 | 5,329,660 | 4,692,610 | 5,266,240 | 4,095,030 | 5,509,800 | 4,795,410 | 3,839,000 | 3,623,600 | 4,232,670 | 3,794,710 | 4,788,550 | 4,559,900 | 4,062,800 | 3,547,000 | 3,973,950 |
| Total current liabilities | US$ in thousands | 6,111,040 | 5,859,250 | 5,487,180 | 6,884,530 | 6,396,490 | 5,848,690 | 5,881,280 | 5,825,330 | 6,369,450 | 6,154,880 | 5,541,620 | 5,363,180 | 6,190,740 | 6,644,900 | 3,804,540 | 4,511,910 | 7,060,510 | 6,875,530 | 6,115,900 | 6,017,940 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 38.07 | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $11,879,650K ÷ ($4,396,240K – $6,111,040K)
= —
The working capital turnover ratio for Entergy Corporation provides insight into how efficiently the company is utilizing its working capital to generate sales revenue. Looking at the available data points, it appears that the working capital turnover was not calculable for the periods up to June 30, 2021.
The initial calculation available is for the period ended March 31, 2021, with a significant ratio of 38.07. This high ratio suggests that Entergy Corporation was able to generate $38.07 in sales revenue for every dollar of working capital invested during that period.
However, there is a lack of data for the subsequent periods through December 31, 2024, indicating that the working capital turnover ratio could not be computed for those periods. This limited data availability hinders a comprehensive analysis of the trend and performance of the working capital turnover ratio over time.
In conclusion, based on the available data, it is evident that Entergy Corporation demonstrated a strong working capital turnover ratio in March 31, 2021. However, further data is needed to assess the consistency and trend of this ratio in subsequent periods.
Peer comparison
Dec 31, 2024