Pinnacle West Capital Corp (PNW)

Working capital turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 5,124,920 4,695,990 4,324,380 3,803,840 3,586,980
Total current assets US$ in thousands 1,689,400 1,926,970 1,750,550 1,551,100 1,198,320
Total current liabilities US$ in thousands 2,843,800 2,889,350 1,762,140 1,756,870 1,360,430
Working capital turnover — — — — —

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,124,920K ÷ ($1,689,400K – $2,843,800K)
= —

The working capital turnover ratio for Pinnacle West Capital Corp for the years from December 31, 2020, to December 31, 2024, is not available as indicated by the "— " symbol. This lack of data makes it difficult to assess how efficiently the company is utilizing its working capital to generate sales revenue over the specified period. Ideally, a higher working capital turnover ratio indicates that the company is effectively managing and utilizing its working capital to support its core operations. In the absence of this information, a deeper analysis of the company's financial position and operational efficiency would be required to gain insights into its working capital management practices.