NorthWestern Corporation (NWE)
Working capital turnover
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 1,513,898 | 1,496,441 | 1,472,370 |
Total current assets | US$ in thousands | 418,186 | 368,420 | 364,045 |
Total current liabilities | US$ in thousands | 802,200 | 813,266 | 699,810 |
Working capital turnover | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $1,513,898K ÷ ($418,186K – $802,200K)
= —
The working capital turnover ratio for NorthWestern Corporation for the periods ending June 30, 2024, September 30, 2024, and December 31, 2024 is reported as "—". A working capital turnover ratio measures how efficiently a company utilizes its working capital to generate sales revenue.
A working capital turnover ratio can be calculated by dividing net sales by average working capital. However, in this case, since the ratio is not provided for the specified periods, it is not possible to analyze the efficiency of NorthWestern Corporation in converting its working capital into sales during these particular periods.
Without the specific values for working capital turnover, it is challenging to assess the company's operational efficiency in managing its working capital in relation to its sales activities. Additional information or data for these periods would be required to conduct a more thorough analysis of NorthWestern Corporation's working capital turnover performance.
Peer comparison
Dec 31, 2024