Southern Company (SO)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 26,724,000 | 26,428,000 | 26,134,000 | 25,419,000 | 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 |
| Total current assets | US$ in thousands | 10,694,000 | 11,040,000 | 10,993,000 | 10,543,000 | 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 |
| Total current liabilities | US$ in thousands | 15,993,000 | 12,165,000 | 12,028,000 | 11,458,000 | 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 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $26,724,000K ÷ ($10,694,000K – $15,993,000K)
= —
The provided data indicates that Southern Company's working capital turnover ratio is not available for the periods from March 31, 2020, to December 31, 2024. This means that we do not have the necessary information to calculate or analyze the efficiency of Southern Company in utilizing its working capital to generate sales revenue during these periods.
To conduct a comprehensive analysis of the working capital turnover, we would need the working capital figures and sales revenue data for each period. Without this information, it is difficult to assess how effectively the company is managing its working capital to support its operational activities and generate revenue.
In the absence of the specific ratios, it is recommended for Southern Company to ensure proper management and monitoring of its working capital to optimize operational efficiency and financial performance. Working capital turnover is a critical ratio that reflects the company's ability to efficiently convert its working capital into sales. By improving this ratio, the company can enhance its liquidity position and overall financial health.
Peer comparison
Dec 31, 2024