Sempra Energy (SRE)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 16,720,000 | 14,439,000 | 12,857,000 | 11,370,000 | 10,829,000 |
| Total current assets | US$ in thousands | 5,470,000 | 5,912,000 | 4,375,000 | 4,511,000 | 3,339,000 |
| Total current liabilities | US$ in thousands | 10,090,000 | 9,899,000 | 10,035,000 | 6,839,000 | 9,150,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $16,720,000K ÷ ($5,470,000K – $10,090,000K)
= —
To calculate Sempra's working capital turnover, we need the values of working capital for each year. Working capital turnover is a measure of how efficiently a company is using its working capital to generate revenue. It is calculated by dividing net sales by average working capital. A higher working capital turnover ratio indicates that the company is generating more revenue with the same amount of working capital, which is a positive sign of efficiency.
Without the specific values of working capital for the respective years in the table provided, it is not possible to calculate the working capital turnover for Sempra. Consequently, a detailed analysis of Sempra's working capital turnover based on the information provided cannot be conducted at this time. Additional data regarding working capital figures would be needed to perform the calculation and provide a meaningful analysis.
Peer comparison
Dec 31, 2023