WEC Energy Group Inc (WEC)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,599,900 | 8,893,000 | 9,597,400 | 8,316,000 | 7,241,700 |
| Total current assets | US$ in thousands | 2,911,700 | 2,795,700 | 3,187,700 | 2,656,700 | 2,083,000 |
| Total current liabilities | US$ in thousands | 4,841,900 | 5,114,800 | 4,611,000 | 3,753,000 | 4,148,100 |
| Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $8,599,900K ÷ ($2,911,700K – $4,841,900K)
= —
Based on the provided data, WEC Energy Group Inc's working capital turnover ratio is not available for the years 2020 to 2024. The working capital turnover ratio is a measure of how efficiently a company is using its working capital to generate revenue. The absence of data for this ratio over the years indicates that specific figures or calculations for this metric are not provided or are not applicable in the financial statements for these periods. Without this information, it is challenging to assess the company's efficiency in utilizing its working capital to support its operations and generate sales. It would be beneficial to obtain the actual working capital turnover figures to provide a more in-depth analysis of this aspect of WEC Energy Group Inc's financial performance.
Peer comparison
Dec 31, 2024