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
Company name
Symbol
Working capital turnover
WEC Energy Group Inc
WEC
—
Allete Inc
ALE
20.77
Alliant Energy Corp
LNT
—
Ameren Corp
AEE
—
Avista Corporation
AVA
—
CMS Energy Corporation
CMS
—
Consolidated Edison Inc
ED
195.51
Duke Energy Corporation
DUK
—
Evergy Inc. Common Stock
EVRG
—
Exelon Corporation
EXC
—
NiSource Inc
NI
—