WEC Energy Group Inc (WEC)

Working capital turnover

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Revenue (ttm) US$ in thousands 8,893,000 9,233,900 9,279,500 9,577,400 9,597,400 9,240,900 8,984,400 8,532,700 8,316,000 8,047,500 7,952,000 7,824,500 7,241,700 7,255,800 7,212,800 7,254,300 7,523,100 7,652,400 7,688,100 7,770,400
Total current assets US$ in thousands 2,795,700 2,443,600 2,457,600 2,838,500 3,187,700 2,771,000 2,642,500 2,562,600 2,656,700 2,408,900 2,278,100 2,355,500 2,083,000 1,727,200 1,713,400 1,845,300 2,093,600 1,773,000 1,838,700 2,008,300
Total current liabilities US$ in thousands 5,114,800 4,073,700 4,096,900 3,765,800 4,611,000 3,369,700 3,817,800 3,264,400 3,753,000 3,692,600 3,373,900 3,714,900 4,148,100 2,840,000 3,484,600 2,847,700 3,182,700 2,818,400 3,362,000 2,889,900
Working capital turnover

December 31, 2023 calculation

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

Based on the provided data, the working capital turnover ratio for WEC Energy Group Inc is not available for any quarter in the given period. Without specific values for working capital turnover, it is difficult to assess the company's efficiency in generating revenue relative to its working capital. Further insights or additional data points would be needed to analyze the trend and performance of this ratio over time for a more comprehensive evaluation of WEC Energy Group Inc's liquidity and operational efficiency.


Peer comparison

Dec 31, 2023