American Electric Power Co Inc

NASDAQ AEP

Data sourced from iex and EODHD
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American Electric Power Co Inc Working Capital Turnover Ratio 1 year YoY Change (%) for the year ending December 31, 2023: 9.54%

American Electric Power Co Inc Working Capital Turnover Ratio 1 year YoY Change (%) is 9.54% for the year ending December 31, 2023, a 295.15% change year over year. The working capital turnover ratio measures the efficiency of a company in utilizing its working capital to generate revenue. It is calculated by dividing the revenue by the working capital. This ratio indicates the number of times the company's working capital is converted into revenue during a specific period. A higher working capital turnover ratio suggests more efficient utilization of working capital in revenue generation. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • American Electric Power Co Inc Working Capital Turnover Ratio for the year ending December 31, 2022 was -3.81, a -4.89% change year over year.
  • American Electric Power Co Inc Working Capital Turnover Ratio for the year ending December 31, 2021 was -3.64, a -35.90% change year over year.
  • American Electric Power Co Inc Working Capital Turnover Ratio for the year ending December 31, 2020 was -2.68, a -6.98% change year over year.
  • American Electric Power Co Inc Working Capital Turnover Ratio for the year ending December 31, 2019 was -2.50, a 29.96% change year over year.
NASDAQ: AEP

American Electric Power Co Inc

CEO Mr. Nicholas K. Akins
IPO Date Jan. 2, 1970
Location United States
Headquarters 1 Riverside Plaza, Columbus, OH, United States, 43215-2373
Employees 16,800
Sector Utilities
Industry Utilities - regulated electric
Description

American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.

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StockViz Staff

September 19, 2024

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