NiSource Inc (NI)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,692,400 | 4,817,400 | 5,341,000 | 4,383,000 | 3,804,400 |
| Total current assets | US$ in thousands | 2,080,200 | 4,499,400 | 2,584,300 | 1,920,800 | 1,659,400 |
| Total current liabilities | US$ in thousands | 4,113,400 | 5,265,100 | 4,660,500 | 2,746,200 | 2,279,400 |
| Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,692,400K ÷ ($2,080,200K – $4,113,400K)
= —
Based on the provided data, the working capital turnover for NiSource Inc is not available for the years 2020, 2021, 2022, 2023, and 2024. Working capital turnover is a financial ratio that measures a company's efficiency in generating revenue from its working capital. The absence of data for this ratio may indicate that the company does not disclose or calculate this specific metric, which could potentially limit insights into how effectively NiSource Inc is utilizing its working capital to support its operations and generate sales. It is advisable for stakeholders and investors to seek additional information or inquire directly with the company regarding this aspect of its financial performance.
Peer comparison
Dec 31, 2024