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.