NiSource Inc (NI)

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 9,150,200 4,601,300 4,552,400 4,557,700 4,817,400 5,278,400 5,340,500 5,433,700 5,341,000 5,038,000 4,907,900 4,710,700 4,383,000 3,824,700 3,767,800 3,744,500 3,804,400 5,272,200 5,301,200 5,348,900
Total current assets US$ in thousands 2,080,200 1,616,000 1,943,800 2,060,200 4,499,400 1,815,400 1,856,900 2,336,500 2,584,300 2,228,600 1,911,700 1,871,900 1,920,800 1,471,400 1,384,200 1,593,500 1,659,400 2,820,800 2,859,600 3,225,400
Total current liabilities US$ in thousands 4,113,400 3,485,500 2,508,000 3,125,000 5,265,100 4,395,400 4,091,200 3,906,900 4,660,500 3,911,100 3,015,000 2,594,600 2,746,200 2,246,600 1,706,900 2,258,800 2,279,400 3,446,800 3,227,700 4,161,800
Working capital turnover — — — — — — — — — — — — — — — — — — — —

December 31, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $9,150,200K ÷ ($2,080,200K – $4,113,400K)
= —

The working capital turnover ratio for NiSource Inc is not available for the provided dates from March 31, 2020, to December 31, 2024. This ratio is important as it measures how efficiently a company is utilizing its working capital to generate sales. A higher turnover ratio indicates that the company is effectively managing its working capital to support sales growth. On the other hand, a lower turnover ratio may suggest inefficiency in managing working capital or stagnant sales. Without the specific values for this ratio, a detailed analysis of NiSource Inc's working capital efficiency and its impact on the business performance cannot be provided.