Southern Company (SO)

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	25,253,000	26,255,000	27,653,000	29,111,000	29,279,000	27,999,000	25,859,000	23,851,000	23,113,000	22,463,000	21,845,000	21,267,000	20,375,000	20,172,000	20,547,000	21,025,000	21,419,000	21,842,000	22,006,000	22,535,000
Total current assets	US$ in thousands	10,432,000	11,088,000	10,979,000	9,555,000	10,416,000	10,363,000	9,781,000	9,297,000	8,965,000	9,674,000	9,551,000	9,469,000	8,617,000	10,574,000	9,069,000	9,430,000	9,817,000	9,917,000	8,352,000	8,709,000
Total current liabilities	US$ in thousands	13,467,000	13,214,000	13,240,000	13,893,000	15,724,000	12,801,000	11,487,000	10,434,000	10,921,000	11,259,000	11,660,000	11,586,000	12,079,000	11,750,000	9,334,000	9,553,000	12,546,000	10,534,000	10,999,000	9,919,000
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

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

Unfortunately, without specific data points for working capital turnover provided in the table, a detailed and comprehensive analysis of Southern Company's working capital turnover cannot be conducted. In order to calculate working capital turnover, we would need the formula:

Working Capital Turnover = Sales / Average Working Capital

Sales information is crucial for this calculation, along with working capital figures for each period. To perform a thorough analysis of the working capital turnover trend over multiple quarters, these detailed financial figures are necessary.