Antero Resources Corp (AR)

Working capital turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 4,325,600 4,681,970 7,138,440 4,619,430 3,491,700
Total current assets US$ in thousands 507,546 475,692 787,525 686,119 574,139
Total current liabilities US$ in thousands 1,445,930 1,452,090 1,774,910 2,068,120 983,054
Working capital turnover — — — — —

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,325,600K ÷ ($507,546K – $1,445,930K)
= —

The data provided for Antero Resources Corp shows that the working capital turnover ratio is not available for the years from December 31, 2020, to December 31, 2024. The working capital turnover ratio measures how efficiently a company is utilizing its working capital to generate sales. A higher turnover ratio is generally preferable as it indicates that the company is generating more revenue with less investment in working capital.

However, without the specific values for working capital turnover, it is challenging to assess Antero Resources Corp's efficiency in managing its working capital during the specified period. It is essential for investors and stakeholders to monitor this ratio over time to understand the company's ability to efficiently convert its working capital into sales revenue.