TXNM Energy, Inc. (TXNM)

Working capital turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	1,971,200	1,939,200	2,249,560	1,779,870	1,523,010
Total current assets	US$ in thousands	498,836	475,543	410,978	324,600	377,479
Total current liabilities	US$ in thousands	1,775,100	1,230,760	890,370	664,213	977,662
Working capital turnover		—	—	—	—	—

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,971,200K ÷ ($498,836K – $1,775,100K)
= —

Based on the provided data, it appears that the working capital turnover for TXNM Energy, Inc. is not available for the years 2020 to 2024. The lack of information on working capital turnover makes it challenging to assess how efficiently the company is managing its working capital to support its operations and growth. Without this key ratio, it is difficult to gauge the company's ability to generate sales relative to its working capital investment during the specified years. Further information or data would be necessary to conduct a more comprehensive analysis of TXNM Energy, Inc.'s working capital turnover and its implications for the company's financial performance and liquidity management.