Antero Resources Corp (AR)

Working capital turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	US$ in thousands	4,681,970	7,138,440	4,619,430	3,491,700	4,408,690
Total current assets	US$ in thousands	475,692	787,525	686,119	574,139	922,885
Total current liabilities	US$ in thousands	1,452,090	1,774,910	2,068,120	983,054	1,040,140
Working capital turnover		—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,681,970K ÷ ($475,692K – $1,452,090K)
= —

To calculate Antero Resources Corp's working capital turnover for the years provided, we would need the specific values for working capital and sales. Without this information, it is not possible to compute the working capital turnover ratio. This ratio is typically calculated by dividing net sales by average working capital.

The working capital turnover ratio measures how effectively a company is using its working capital to generate sales revenue. A higher ratio indicates better efficiency in utilizing working capital to generate sales, while a lower ratio may suggest inefficiencies or underutilization of working capital.

In order to provide a detailed analysis of Antero Resources Corp's working capital turnover, we would need access to the relevant financial data.