Essential Utilities Inc (WTRG)
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 | 2,086,113 | 1,961,149 | 1,937,149 | 1,939,443 | 2,053,824 | 2,279,788 | 2,303,151 | 2,315,207 | 2,288,032 | 2,118,336 | 2,045,578 | 1,993,854 | 1,878,144 | 1,816,455 | 1,803,242 | 1,790,678 | 1,462,698 | 1,214,742 | 1,109,721 | 944,145 |
| Total current assets | US$ in thousands | 485,911 | 373,933 | 362,733 | 419,534 | 491,979 | 409,348 | 406,710 | 509,772 | 658,159 | 541,306 | 413,295 | 443,515 | 437,795 | 352,504 | 304,732 | 348,109 | 380,220 | 311,238 | 312,454 | 368,008 |
| Total current liabilities | US$ in thousands | 974,668 | 683,143 | 629,150 | 678,606 | 797,927 | 896,568 | 765,135 | 803,286 | 1,021,870 | 848,093 | 544,125 | 678,178 | 675,063 | 516,029 | 469,155 | 503,394 | 603,873 | 666,959 | 448,179 | 827,374 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $2,086,113K ÷ ($485,911K – $974,668K)
= —
The dataset provided for Essential Utilities Inc's working capital turnover does not include specific numerical values for the ratio for any of the periods mentioned from March 31, 2020, to December 31, 2024. As a result, it is not possible to calculate or analyze the working capital turnover for this company based on the given information.
Working capital turnover is a financial ratio that measures a company's efficiency in generating revenue from its working capital. A higher ratio typically indicates better efficiency in utilizing working capital to generate sales. On the other hand, a lower ratio may suggest inefficiencies or excess levels of working capital.
Given the absence of data in the provided dataset, it is recommended to obtain the necessary financial information for the specified periods to calculate the working capital turnover accurately and perform a detailed analysis of Essential Utilities Inc's efficiency in managing its working capital.
Peer comparison
Dec 31, 2024