Alpha Metallurgical Resources Inc (AMR)
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 | 2,957,285 | 3,299,929 | 3,369,852 | 3,424,254 | 3,471,417 | 3,334,874 | 3,462,822 | 3,940,861 | 4,101,586 | 4,106,355 | 3,885,428 | 2,944,293 | 2,258,586 | 1,754,220 | 1,506,070 | 1,522,633 | 1,606,840 | 1,782,065 | 1,907,238 | 2,151,606 |
| Total current assets | US$ in thousands | 1,036,670 | 1,092,960 | 1,095,920 | 1,076,510 | 1,048,300 | 1,048,950 | 1,078,310 | 1,092,490 | 1,114,420 | 1,147,400 | 1,108,680 | 1,014,570 | 747,986 | 571,218 | 534,118 | 525,574 | 510,135 | 586,289 | 687,810 | 799,029 |
| Total current liabilities | US$ in thousands | 251,109 | 304,634 | 308,654 | 341,289 | 309,930 | 315,210 | 295,736 | 316,608 | 402,625 | 341,342 | 345,467 | 360,926 | 295,929 | 292,404 | 311,376 | 289,603 | 259,054 | 292,278 | 291,889 | 303,220 |
| Working capital turnover | 3.76 | 4.19 | 4.28 | 4.66 | 4.70 | 4.55 | 4.42 | 5.08 | 5.76 | 5.09 | 5.09 | 4.50 | 5.00 | 6.29 | 6.76 | 6.45 | 6.40 | 6.06 | 4.82 | 4.34 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $2,957,285K ÷ ($1,036,670K – $251,109K)
= 3.76
The working capital turnover of Alpha Metallurgical Resources Inc fluctuated over the period under consideration. Starting at 4.34 in March 2020, the ratio increased to 6.76 by June 2021, indicating an improvement in efficiency in utilizing working capital to generate sales. However, the ratio declined to 4.42 by June 2023 and further to 3.76 by December 2024. This suggests a potential decrease in the company's ability to efficiently convert working capital into sales during these periods.
Overall, the working capital turnover ratio for Alpha Metallurgical Resources Inc shows varying levels of effectiveness in managing working capital and generating sales over the years, with some periods showing better performance than others. Further analysis of the underlying factors influencing working capital management during these periods would be necessary to gain a deeper understanding of the company's operational efficiency.
Peer comparison
Dec 31, 2024