Xcel Energy Inc (XEL)
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 | 13,463,000 | 13,785,000 | 13,803,000 | 13,783,000 | 14,206,000 | 14,817,000 | 15,237,000 | 15,639,000 | 15,310,000 | 14,612,000 | 13,997,000 | 13,641,000 | 13,431,000 | 13,023,000 | 12,738,000 | 12,256,000 | 11,526,000 | 11,377,000 | 11,208,000 | 11,199,000 |
| Total current assets | US$ in thousands | 4,325,000 | 5,469,000 | 5,699,000 | 4,489,000 | 4,069,000 | 4,402,000 | 4,201,000 | 4,253,000 | 5,144,000 | 5,090,000 | 4,842,000 | 4,022,000 | 4,239,000 | 4,487,000 | 4,147,000 | 4,315,000 | 3,275,000 | 3,837,000 | 4,390,000 | 2,983,000 |
| Total current liabilities | US$ in thousands | 6,459,000 | 5,858,000 | 5,900,000 | 5,210,000 | 5,652,000 | 5,073,000 | 5,231,000 | 5,661,000 | 6,078,000 | 4,903,000 | 4,865,000 | 5,352,000 | 5,046,000 | 5,764,000 | 4,950,000 | 4,877,000 | 4,239,000 | 4,393,000 | 5,473,000 | 5,839,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | 78.14 | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $13,463,000K ÷ ($4,325,000K – $6,459,000K)
= —
The working capital turnover for Xcel Energy Inc has been consistently not available or not calculable for the periods provided up to September 30, 2022. The substantial increase to 78.14 for the quarter ended September 30, 2022, indicates a more efficient use of working capital to generate sales revenue. However, as there is limited data available beyond this point, further analysis of working capital turnover trends and its impact on the company's operations will be needed to assess its overall financial performance and efficiency in managing working capital.
Peer comparison
Dec 31, 2024