SJW Corporation (SJW)

Working capital turnover

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	670,363	670,399	641,537	633,692	620,698	589,061	580,003	583,203	573,686	569,649	568,589	563,557	564,526	554,664	502,798	458,554	420,482	393,362	404,218	400,339
Total current assets	US$ in thousands	198,389	228,771	201,433	193,848	158,386	157,900	138,792	137,935	134,085	155,513	146,858	123,467	127,331	154,902	145,543	128,818	122,046	507,814	503,919	488,456
Total current liabilities	US$ in thousands	342,974	308,116	237,954	212,965	268,322	318,710	277,829	217,853	203,271	267,285	274,431	289,735	350,795	305,398	257,966	238,404	234,567	144,307	127,058	86,688
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1.08	1.07	1.00

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $670,363K ÷ ($198,389K – $342,974K)
= —

I'm sorry, but without the specific values for the working capital turnover ratio for SJW Group across the mentioned quarters, I am unable to provide a detailed and comprehensive analysis. The working capital turnover ratio is typically calculated by dividing revenue by average working capital. If you can provide the relevant figures, I'd be more than happy to help you analyze the trend and implications for SJW Group's operational efficiency and liquidity management.