FirstEnergy Corporation (FE)
Working capital turnover
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 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 | 11,035,000 | 11,072,000 | 11,173,000 | 11,282,000 |
Total current assets | US$ in thousands | 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 | 2,444,000 | 2,616,000 | 2,386,000 | 2,314,000 |
Total current liabilities | US$ in thousands | 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 | 3,077,000 | 2,544,000 | 3,697,000 | 4,862,000 | 4,239,000 | 3,983,000 | 4,324,000 |
Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $12,870,000K ÷ ($2,568,000K – $5,386,000K)
= —
I'm sorry, but I cannot provide a detailed analysis of Firstenergy Corp.'s working capital turnover based on the data provided, as the working capital turnover ratio is not available in the table. In order to conduct a comprehensive analysis, I would need the working capital turnover ratio data for the specified periods. Working capital turnover ratio is calculated by dividing net sales by average working capital. This ratio measures how efficiently a company is using its working capital to generate sales. If you can provide the necessary data, I would be happy to assist you further with the analysis.
Peer comparison
Dec 31, 2023