WEC Energy Group Inc (WEC)

Working capital turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	US$ in thousands	8,893,000	9,597,400	8,316,000	7,241,700	7,523,100
Total current assets	US$ in thousands	2,795,700	3,187,700	2,656,700	2,083,000	2,093,600
Total current liabilities	US$ in thousands	5,114,800	4,611,000	3,753,000	4,148,100	3,182,700
Working capital turnover		—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $8,893,000K ÷ ($2,795,700K – $5,114,800K)
= —

To calculate the working capital turnover for WEC Energy Group Inc, we need to use the formula:

Working Capital Turnover = Net Sales / Average Working Capital

However, as the table does not provide the specific values for net sales and working capital for each year, we are unable to compute the working capital turnover. In order to provide a detailed and comprehensive analysis, we would need access to additional financial data for the respective years.