UNITIL Corporation (UTL)

Working capital turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	953,400	1,079,300	1,098,100	919,400	810,800
Total current assets	US$ in thousands	188,800	177,100	194,800	159,700	139,300
Total current liabilities	US$ in thousands	228,700	277,300	260,100	173,500	136,100
Working capital turnover		—	—	—	—	253.38

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $953,400K ÷ ($188,800K – $228,700K)
= —

UNITIL Corporation's working capital turnover ratio was 253.38 as of December 31, 2020. However, there is no specific data available for the subsequent years as it is represented with dashes. A working capital turnover ratio of 253.38 indicates that the company generated revenue 253.38 times for every dollar of working capital invested during the period. This high ratio suggests that UNITIL efficiently utilized its working capital to generate sales. The lack of data for the following years makes it challenging to assess the trend in the company's working capital turnover over time.