Southern Company (SO)

Working capital turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 26,724,000 25,253,000 29,279,000 23,113,000 20,375,000
Total current assets US$ in thousands 10,694,000 10,432,000 10,416,000 8,965,000 8,617,000
Total current liabilities US$ in thousands 15,993,000 13,467,000 15,724,000 10,921,000 12,079,000
Working capital turnover

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $26,724,000K ÷ ($10,694,000K – $15,993,000K)
= —

The data provided for Southern Company's working capital turnover for the years from December 31, 2020, to December 31, 2024, is not available ("\u2014"). As working capital turnover is a key ratio that measures a company's efficiency in utilizing its working capital to generate sales, the absence of data hinders the ability to assess the company's effectiveness in managing its working capital over the specified period. An analysis of this ratio could have provided insights into how efficiently Southern Company was able to convert its working capital into revenue during the given years. Additional information or alternative ratios would be needed to further evaluate the company's working capital management.