Public Service Enterprise Group Inc (PEG)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,237,000 | 9,800,000 | 9,722,000 | 9,603,000 | 10,076,000 |
| Total current assets | US$ in thousands | 3,373,000 | 4,303,000 | 6,250,000 | 3,630,000 | 3,231,000 |
| Total current liabilities | US$ in thousands | 5,057,000 | 6,680,000 | 7,072,000 | 5,522,000 | 5,047,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $11,237,000K ÷ ($3,373,000K – $5,057,000K)
= —
To calculate the working capital turnover for Public Service Enterprise Group Inc., we need data on the company's revenue and working capital for each of the past five years. Unfortunately, this information is not provided in the table.
Working capital turnover is typically calculated by dividing total revenue by the average working capital for a specific period. This ratio measures how efficiently a company is using its working capital to generate sales. A higher working capital turnover ratio generally indicates better efficiency in utilizing working capital.
Without the necessary data, a specific analysis of Public Service Enterprise Group Inc.'s working capital turnover cannot be provided at this time. It is recommended to obtain the required financial figures to calculate and interpret the working capital turnover ratio to assess the company's operational efficiency and financial performance accurately.
Peer comparison
Dec 31, 2023