Portland General Electric Co (POR)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,923,000 | 2,647,000 | 2,396,000 | 2,145,000 | 2,123,000 |
| Total current assets | US$ in thousands | 935,000 | 1,210,000 | 688,000 | 721,000 | 500,000 |
| Total current liabilities | US$ in thousands | 1,112,000 | 1,496,000 | 768,000 | 815,000 | 519,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,923,000K ÷ ($935,000K – $1,112,000K)
= —
To calculate the working capital turnover ratio, we need information on net sales and average working capital for each year. Unfortunately, the data provided does not include the necessary figures to compute the working capital turnover ratio for Portland General Electric Co for the years 2019 to 2023. As such, a detailed analysis of the working capital turnover ratio based on the provided data is not feasible at this time.
Working capital turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its working capital. A higher working capital turnover ratio indicates that the company is effectively utilizing its working capital to generate sales. Conversely, a lower ratio may suggest inefficiencies or excess tied-up capital.
For a complete analysis, additional data on net sales and average working capital for the respective years would be required to calculate the working capital turnover ratio and provide insights into Portland General Electric Co's operational efficiency over the specified period.
Peer comparison
Dec 31, 2023