SJW Corporation (SJW)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 670,363 | 620,698 | 573,686 | 564,526 | 420,482 |
| Total current assets | US$ in thousands | 198,389 | 158,386 | 134,085 | 127,331 | 122,046 |
| Total current liabilities | US$ in thousands | 342,974 | 268,322 | 203,271 | 350,795 | 234,567 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $670,363K ÷ ($198,389K – $342,974K)
= —
To calculate the working capital turnover for SJW Group, we need information on both the working capital and total revenue. Unfortunately, the provided table lacks the necessary data for the working capital turnover calculation for the years specified (2023, 2022, 2021, 2020, 2019).
In general, the working capital turnover ratio measures the efficiency of a company in generating revenue from its working capital. A higher working capital turnover implies more efficient utilization of working capital in generating sales revenue.
If you can provide the values for working capital and total revenue for the specified years, I can assist you in calculating and analyzing the working capital turnover for SJW Group.
Peer comparison
Dec 31, 2023