PG&E Corp (PCG)
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 | 24,428,000 | 22,757,000 | 22,263,000 | 22,091,000 | 21,680,000 | 21,556,000 | 21,627,000 | 21,724,000 | 20,642,000 | 20,988,000 | 20,014,000 | 19,133,000 | 18,469,000 | 17,835,000 | 17,724,000 | 17,273,000 | 17,129,000 | 16,259,000 | 16,260,000 | 16,611,000 |
Total current assets | US$ in thousands | 14,383,000 | 12,809,000 | 12,681,000 | 12,297,000 | 12,815,000 | 12,210,000 | 11,674,000 | 10,376,000 | 11,077,000 | 11,527,000 | 10,289,000 | 9,067,000 | 9,602,000 | 9,798,000 | 25,013,000 | 10,558,000 | 10,165,000 | 11,577,000 | 11,577,000 | 10,693,000 |
Total current liabilities | US$ in thousands | 17,314,000 | 15,172,000 | 13,202,000 | 14,801,000 | 15,788,000 | 14,027,000 | 15,007,000 | 16,560,000 | 17,427,000 | 17,784,000 | 15,493,000 | 12,217,000 | 13,581,000 | 13,321,000 | 45,795,000 | 8,253,000 | 7,631,000 | 6,472,000 | 5,711,000 | 4,808,000 |
Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 7.49 | 6.76 | 3.18 | 2.77 | 2.82 |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $24,428,000K ÷ ($14,383,000K – $17,314,000K)
= —
As the data for the working capital turnover ratio of PG&E Corp. is not available for the specified periods, a detailed analysis cannot be provided at this time. The working capital turnover ratio is a measure of a company's efficiency in utilizing its working capital to generate sales revenue. It helps in assessing how effectively the company is managing its current assets and liabilities to support its operations. Without the specific figures, it is not possible to evaluate PG&E Corp.'s performance in terms of working capital turnover during the specified periods.
Peer comparison
Dec 31, 2023