Exelon Corporation (EXC)
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 | 23,029,000 | 22,925,000 | 22,751,000 | 22,208,000 | 21,728,000 | 21,027,000 | 19,892,000 | 19,313,000 | 19,077,000 | 18,835,000 | 18,853,000 | 18,634,000 | 17,939,000 | 22,017,000 | 26,007,000 | 29,309,000 | 33,424,000 | 33,265,000 | 33,341,000 | 33,708,000 |
| Total current assets | US$ in thousands | 8,384,000 | 8,023,000 | 8,557,000 | 8,212,000 | 8,087,000 | 7,519,000 | 7,542,000 | 7,777,000 | 7,336,000 | 7,055,000 | 7,342,000 | 8,145,000 | 13,957,000 | 14,877,000 | 12,348,000 | 12,997,000 | 12,562,000 | 12,312,000 | 12,533,000 | 12,476,000 |
| Total current liabilities | US$ in thousands | 9,611,000 | 7,384,000 | 8,275,000 | 7,975,000 | 9,901,000 | 8,800,000 | 7,936,000 | 8,092,000 | 10,611,000 | 8,717,000 | 8,031,000 | 8,635,000 | 16,111,000 | 15,826,000 | 13,919,000 | 13,580,000 | 12,771,000 | 11,262,000 | 11,065,000 | 11,774,000 |
| Working capital turnover | — | 35.88 | 80.68 | 93.70 | — | — | — | — | — | — | — | — | — | — | — | — | — | 31.68 | 22.71 | 48.02 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $23,029,000K ÷ ($8,384,000K – $9,611,000K)
= —
Working capital turnover measures how efficiently a company is using its working capital to generate sales revenue. A higher working capital turnover indicates better utilization of working capital.
Based on the provided data for Exelon Corporation:
- The working capital turnover was 48.02 as of March 31, 2020, showing a high level of efficiency in the utilization of working capital to generate sales.
- It decreased to 22.71 as of June 30, 2020, suggesting a less efficient utilization of working capital compared to the previous period.
- The ratio improved to 31.68 as of September 30, 2020, indicating better efficiency in utilizing working capital.
- From September 2020 to December 2024, the working capital turnover data is not available.
- As of March 31, 2024, the working capital turnover significantly increased to 93.70, signaling a substantial improvement in utilizing working capital efficiently.
- It decreased to 80.68 as of June 30, 2024, but remained relatively high, showing continued efficiency in utilizing working capital.
- The ratio further decreased to 35.88 as of September 30, 2024, indicating a decline in the efficiency of working capital utilization compared to the previous period.
Overall, the working capital turnover for Exelon Corporation has shown fluctuating trends over the periods provided, with some periods reflecting high efficiency in utilizing working capital, while others showing a decrease in efficiency. Further analysis would be needed to understand the reasons behind these fluctuations and to assess the overall effectiveness of Exelon's working capital management strategy.
Peer comparison
Dec 31, 2024