OGE Energy Corporation (OGE)
Working capital turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 2,985,300 | 2,674,300 | 3,375,700 | 3,653,700 | 2,122,300 |
Total current assets | US$ in thousands | 895,100 | 771,500 | 1,340,800 | 613,600 | 428,500 |
Total current liabilities | US$ in thousands | 1,229,800 | 1,179,200 | 1,802,200 | 1,089,600 | 697,400 |
Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,985,300K ÷ ($895,100K – $1,229,800K)
= —
The data provided for OGE Energy Corporation's working capital turnover ratios for the years 2020 to 2024 indicates that the specific ratios are not available ("—") for those years. The absence of this information makes it challenging to assess the efficiency of OGE Energy Corporation in utilizing its working capital to generate sales revenue and indicates a lack of detail regarding the company's short-term liquidity management. It is essential to have working capital turnover ratios to evaluate the company's effectiveness in efficiently converting its working capital into revenue over the specified periods. Without this data, it is difficult to draw meaningful conclusions about OGE Energy Corporation's operational performance in terms of working capital efficiency.
Peer comparison
Dec 31, 2024