Northwest Natural Gas Co (NWN)

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	1,197,475	1,217,014	1,192,374	1,149,475	1,037,353	956,190	940,798	894,755	860,400	826,583	818,420	804,474	773,679	760,680	757,713	746,185	746,382	725,810
Total current assets	US$ in thousands	601,440	507,440	457,857	576,173	744,213	481,771	357,994	391,365	437,276	358,179	273,841	302,792	323,245	242,848	316,436	720,267	293,692	202,727	239,058	272,109
Total current liabilities	US$ in thousands	696,878	590,057	570,933	644,080	898,734	511,356	539,298	658,267	724,765	734,965	572,473	585,665	627,083	551,296	486,902	798,870	482,173	358,408	307,030	526,089
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $1,197,475K ÷ ($601,440K – $696,878K)
= —

As the table does not provide specific data for working capital turnover for Northwest Natural Holding Co for the periods mentioned, it is not possible to calculate or analyze the turnover ratio. Working capital turnover is a financial ratio that indicates how efficiently a company is utilizing its working capital to generate sales revenue. It is calculated by dividing the net sales by average working capital. Without the necessary numerical values, a detailed analysis of this metric cannot be provided for the company during the mentioned periods.