Southern Company (SO)

Working capital turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	US$ in thousands	25,253,000	29,279,000	23,113,000	20,375,000	21,419,000
Total current assets	US$ in thousands	10,432,000	10,416,000	8,965,000	8,617,000	9,817,000
Total current liabilities	US$ in thousands	13,467,000	15,724,000	10,921,000	12,079,000	12,546,000
Working capital turnover		—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $25,253,000K ÷ ($10,432,000K – $13,467,000K)
= —

To calculate Southern Company's working capital turnover, we need to use the formula:

Working Capital Turnover = Revenue / Average Working Capital

Unfortunately, without specific data on Southern Company's revenue and working capital for each year provided in the table, we are unable to calculate the working capital turnover. If the relevant financial figures are available, we can proceed with the calculation to analyze the efficiency of Southern Company in utilizing its working capital to generate revenue.