FirstEnergy Corporation (FE)
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 | 13,472,000 | 13,442,000 | 13,200,000 | 12,926,000 | 12,870,000 | 12,901,000 | 12,889,000 | 12,701,000 | 12,459,000 | 11,942,000 | 11,591,000 | 11,395,000 | 11,132,000 | 11,009,000 | 10,907,000 | 10,807,000 | 10,790,000 | 10,926,000 | 10,867,000 | 10,861,000 |
| Total current assets | US$ in thousands | 2,776,000 | 3,068,000 | 3,258,000 | 4,063,000 | 2,568,000 | 2,520,000 | 2,485,000 | 2,507,000 | 2,415,000 | 2,312,000 | 2,539,000 | 2,250,000 | 3,237,000 | 2,532,000 | 3,196,000 | 3,188,000 | 3,714,000 | 2,162,000 | 1,986,000 | 2,003,000 |
| Total current liabilities | US$ in thousands | 4,997,000 | 5,473,000 | 6,356,000 | 6,273,000 | 5,386,000 | 4,796,000 | 4,149,000 | 3,700,000 | 3,958,000 | 3,493,000 | 3,370,000 | 4,360,000 | 4,416,000 | 4,094,000 | 3,871,000 | 4,624,000 | 5,004,000 | 3,061,000 | 2,544,000 | 3,697,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $13,472,000K ÷ ($2,776,000K – $4,997,000K)
= —
The working capital turnover ratio for FirstEnergy Corporation is not available for the period from March 31, 2020, to December 31, 2024, as indicated in the financial data provided. The working capital turnover ratio is an important measure of how efficiently a company is utilizing its working capital to generate sales.
A high working capital turnover ratio indicates that the company is effectively managing its working capital to support its operations and sales. Conversely, a low ratio may suggest inefficiencies in managing working capital, potentially leading to liquidity issues or excess tied-up capital.
Without the specific values for the working capital turnover ratio for FirstEnergy Corporation, it is not possible to assess how well the company is leveraging its working capital to drive sales during the mentioned period. Monitoring this ratio over time could provide insights into the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2024