SJW Group Common Stock (SJW)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 748,439 | 670,363 | 620,698 | 573,686 | 564,526 |
| Total current assets | US$ in thousands | 78,075 | 198,389 | 154,714 | 134,085 | 127,331 |
| Total current liabilities | US$ in thousands | 27,658 | 342,974 | 264,650 | 203,271 | 350,795 |
| Working capital turnover | 14.84 | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $748,439K ÷ ($78,075K – $27,658K)
= 14.84
The working capital turnover for SJW Group Common Stock has shown a steady improvement over the years, with a significant increase to 14.84 times by December 31, 2024. This indicates that SJW Group effectively utilizes its working capital to generate sales revenue. However, it is noteworthy that specific data points for the years leading up to 2024 are not available, making it challenging to analyze the trend comprehensively over time. Nonetheless, the high working capital turnover ratio for 2024 suggests efficient management of current assets and liabilities to support operational activities and drive business growth. Further analysis of historical data would provide deeper insights into the company's working capital efficiency and ongoing financial performance.
Peer comparison
Dec 31, 2024