PPL Corporation (PPL)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,462,000 | 8,312,000 | 7,902,000 | 5,783,000 | 5,474,000 |
| Total current assets | US$ in thousands | 2,880,000 | 2,932,000 | 2,824,000 | 5,007,000 | 20,900,000 |
| Total current liabilities | US$ in thousands | 3,333,000 | 3,340,000 | 3,789,000 | 2,323,000 | 15,055,000 |
| Working capital turnover | — | — | — | 2.15 | 0.94 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $8,462,000K ÷ ($2,880,000K – $3,333,000K)
= —
PPL Corporation's working capital turnover has shown significant improvement over the years, reflecting an increase in efficiency in utilizing its working capital.
In 2020, the working capital turnover was 0.94, indicating that the company generated $0.94 in revenue for every dollar of working capital invested. This figure jumped to 2.15 in 2021, demonstrating a substantial enhancement in operational efficiency and liquidity management.
However, it is noteworthy that data for 2022, 2023, and 2024 are unavailable, marked as "—". Without this information, it is challenging to evaluate the trend or potential changes in the company's working capital turnover beyond 2021.
Overall, the increase in working capital turnover from 2020 to 2021 is a positive sign, suggesting that PPL Corporation has been more effective in generating revenue from its working capital in the given period. Continued monitoring of this ratio in the following years will be crucial to assess the company's ongoing financial performance and operational efficiency.
Peer comparison
Dec 31, 2024