Alpha Metallurgical Resources Inc (AMR)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,957,280 | 3,471,420 | 4,101,590 | 2,258,590 | 1,416,190 |
| Total current assets | US$ in thousands | 1,036,670 | 1,048,300 | 1,114,420 | 747,986 | 510,135 |
| Total current liabilities | US$ in thousands | 251,109 | 309,930 | 402,625 | 295,929 | 259,054 |
| Working capital turnover | 3.76 | 4.70 | 5.76 | 5.00 | 5.64 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,957,280K ÷ ($1,036,670K – $251,109K)
= 3.76
The working capital turnover of Alpha Metallurgical Resources Inc has shown fluctuations over the past five years. In December 2020, the company's working capital turnover was 5.64, indicating that the company generated $5.64 in revenue for every $1 of working capital invested.
However, there was a slight decrease in this ratio by December 2021 to 5.00, suggesting a potential decrease in efficiency in utilizing working capital to generate revenue. The ratio improved in December 2022 to 5.76, showcasing a positive trend in working capital efficiency.
Nevertheless, in December 2023, the working capital turnover decreased to 4.70, indicating a potential inefficiency in utilizing working capital resources. The latest data point in December 2024 shows a further decline to 3.76, signifying a significant decrease in working capital efficiency compared to the previous years.
Overall, the working capital turnover ratio of Alpha Metallurgical Resources Inc has shown variability, with both improvements and declines over the years. Management may need to closely monitor working capital management to ensure optimal efficiency in generating revenue.
Peer comparison
Dec 31, 2024