Evergy Inc. Common Stock (EVRG)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,508,200 | 5,859,100 | 5,586,700 | 4,913,400 | 5,147,800 |
| Total current assets | US$ in thousands | 1,789,100 | 1,842,000 | 1,710,300 | 1,624,300 | 1,467,700 |
| Total current liabilities | US$ in thousands | 3,512,600 | 3,493,800 | 3,102,900 | 2,355,800 | 2,335,900 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,508,200K ÷ ($1,789,100K – $3,512,600K)
= —
In order to calculate Evergy Inc's working capital turnover ratio, we need to have information on the company's working capital and sales figure for each of the years provided. Unfortunately, the table does not provide that data.
Working Capital Turnover ratio is calculated by dividing net sales by average working capital. This ratio measures the efficiency of a company in generating sales using its working capital. A higher ratio indicates better efficiency in utilizing working capital to generate sales.
Without the necessary data, we are unable to provide a detailed analysis of Evergy Inc's working capital turnover ratio for the years in question. It is recommended to obtain the relevant financial figures to calculate and interpret this ratio accurately.
Peer comparison
Dec 31, 2023