TXNM Energy, Inc. (TXNM)

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 1,971,199 1,906,349 1,842,944 1,831,998 1,939,198 2,102,903 2,326,940 2,349,514 2,249,555 2,107,811 1,932,474 1,859,284 1,779,873 1,705,074 1,622,988 1,554,097 1,523,012 1,507,880 1,469,001 1,441,580
Total current assets US$ in thousands 498,836 495,694 537,654 407,843 475,543 489,227 404,637 351,899 410,978 409,774 370,289 301,145 324,600 447,713 391,893 328,478 377,479 377,985 326,884 287,962
Total current liabilities US$ in thousands 1,775,100 1,369,640 1,138,640 1,107,130 1,230,760 1,478,570 1,108,240 1,195,460 890,370 666,469 894,484 673,043 664,213 475,207 636,467 1,511,120 977,662 1,251,580 1,265,770 1,114,920
Working capital turnover — — — — — — — — — — — — — — — — — — — —

December 31, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $1,971,199K ÷ ($498,836K – $1,775,100K)
= —

The working capital turnover ratio for TXNM Energy, Inc. has not been provided in the financial data available. This ratio is calculated by dividing the net sales by the average working capital during a specific period. The working capital turnover ratio indicates how efficiently the company is utilizing its working capital to generate sales.

Without the specific figures for working capital and net sales, it is not possible to calculate or analyze the working capital turnover for TXNM Energy, Inc. It is essential for investors and analysts to have access to this ratio to assess the company's ability to efficiently manage its working capital in relation to its sales generation.