Xcel Energy Inc (XEL)

Working capital turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 13,441,000 14,206,000 15,310,000 13,431,000 11,526,000
Total current assets US$ in thousands 4,325,000 4,069,000 5,144,000 4,239,000 3,275,000
Total current liabilities US$ in thousands 6,459,000 5,652,000 6,078,000 5,046,000 4,239,000
Working capital turnover

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $13,441,000K ÷ ($4,325,000K – $6,459,000K)
= —

The working capital turnover ratio for Xcel Energy Inc for the years 2020 to 2024 is not available based on the provided data. The working capital turnover ratio is a measure of how effectively a company is utilizing its working capital to generate sales revenue. Without the specific numerical values for the working capital turnover ratio, it is challenging to assess Xcel Energy's efficiency in managing its working capital to facilitate its operations and sales. It is important to have this ratio to evaluate the company's liquidity and operational efficiency.