Antero Midstream Partners LP (AM)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,041,770 | 919,985 | 898,202 | 900,719 | 792,588 |
| Total current assets | US$ in thousands | 91,128 | 88,993 | 83,804 | 93,931 | 108,558 |
| Total current liabilities | US$ in thousands | 96,417 | 102,077 | 114,009 | 94,005 | 242,084 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,041,770K ÷ ($91,128K – $96,417K)
= —
To calculate the working capital turnover for Antero Midstream Corp, we need to use the formula:
Working Capital Turnover = Revenue / Average Working Capital
However, since the table provided does not include the necessary working capital figures, we are unable to calculate the working capital turnover ratio for the years specified.
In order to perform a comprehensive analysis of Antero Midstream Corp's working capital turnover, we would need access to the company's financial statements to obtain the relevant data on revenue and working capital. This ratio is crucial in evaluating how efficiently the company is utilizing its working capital to generate revenue, and can provide insights into its operational efficiency and liquidity management.
Peer comparison
Dec 31, 2023