Alliant Energy Corp (LNT)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,027,000 | 4,205,000 | 3,669,000 | 3,416,000 | 3,648,000 |
| Total current assets | US$ in thousands | 1,272,000 | 1,250,000 | 1,069,000 | 887,000 | 876,000 |
| Total current liabilities | US$ in thousands | 2,304,000 | 2,363,000 | 2,054,000 | 1,297,000 | 2,054,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,027,000K ÷ ($1,272,000K – $2,304,000K)
= —
To calculate the working capital turnover for Alliant Energy Corp., we would need two key pieces of financial information: net sales and average working capital. Unfortunately, as the given table does not provide these specific figures for the years in question, we cannot compute the working capital turnover ratio. This ratio typically measures how efficiently a company is utilizing its working capital to generate revenue.
Without the data necessary to compute this ratio, we are unable to provide an analysis of Alliant Energy Corp.'s working capital turnover for the specified years.
Peer comparison
Dec 31, 2023