Vistra Energy Corp (VST)
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 | 17,224,000 | 16,265,000 | 14,063,000 | 13,407,000 | 14,778,000 | 15,569,000 | 16,629,000 | 15,028,000 | 13,728,000 | 13,173,000 | 11,018,000 | 11,995,000 | 12,077,000 | 11,287,000 | 11,848,000 | 11,792,000 | 11,443,000 | 11,779,000 | 11,421,000 | 11,744,000 |
| Total current assets | US$ in thousands | 8,119,000 | 8,531,000 | 9,826,000 | 9,433,000 | 11,637,000 | 10,699,000 | 8,911,000 | 9,512,000 | 11,116,000 | 13,145,000 | 15,153,000 | 10,913,000 | 7,883,000 | 7,846,000 | 4,749,000 | 3,688,000 | 3,429,000 | 3,757,000 | 4,037,000 | 4,559,000 |
| Total current liabilities | US$ in thousands | 8,432,000 | 7,660,000 | 10,057,000 | 8,775,000 | 9,823,000 | 8,748,000 | 7,626,000 | 8,162,000 | 10,337,000 | 11,911,000 | 14,499,000 | 9,865,000 | 5,843,000 | 7,922,000 | 5,223,000 | 5,406,000 | 3,036,000 | 3,383,000 | 4,631,000 | 4,604,000 |
| Working capital turnover | — | 18.67 | — | 20.38 | 8.15 | 7.98 | 12.94 | 11.13 | 17.62 | 10.68 | 16.85 | 11.45 | 5.92 | — | — | — | 29.12 | 31.49 | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $17,224,000K ÷ ($8,119,000K – $8,432,000K)
= —
The working capital turnover ratio measures how efficiently a company is utilizing its working capital to generate sales revenue. A higher turnover ratio generally indicates better efficiency in managing working capital.
Based on the data provided for Vistra Energy Corp, the working capital turnover fluctuated over the period analyzed. It was not calculable (indicated as "—") for some quarters, suggesting potential issues with data availability or calculation limitations.
In the periods where the ratio was available, the working capital turnover ranged from a low of 5.92 to a high of 31.49. The significant variations may indicate changes in the company's operational efficiency in utilizing its working capital to generate revenue.
It is important to note that a low working capital turnover ratio may imply that the company is not efficiently using its working capital to support its sales activities, while a high ratio may indicate effective management in turning working capital into revenue.
Overall, a trend analysis and comparison with industry benchmarks would provide further insights into Vistra Energy Corp's working capital management efficiency and its ability to convert working capital into revenue.
Peer comparison
Dec 31, 2024