Xcel Energy Inc (XEL)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 14,206,000 | 15,310,000 | 13,431,000 | 11,526,000 | 11,529,000 |
| Total current assets | US$ in thousands | 4,069,000 | 5,144,000 | 4,239,000 | 3,275,000 | 3,113,000 |
| Total current liabilities | US$ in thousands | 5,652,000 | 6,078,000 | 5,046,000 | 4,239,000 | 4,568,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $14,206,000K ÷ ($4,069,000K – $5,652,000K)
= —
To calculate the working capital turnover for Xcel Energy, Inc., we need the formula:
Working Capital Turnover = Revenue / Average Working Capital
However, since the specific values for working capital are not provided in the table, we cannot calculate the exact working capital turnover ratio.
Without the actual figures for revenue and working capital for each year, a detailed analysis of Xcel Energy Inc.'s working capital turnover is not possible. I recommend obtaining the necessary financial data to calculate the ratio accurately and evaluate its trend over the years to assess the company's efficiency in utilizing its working capital.
Peer comparison
Dec 31, 2023