Antero Resources Corp (AR)

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	4,325,594	4,350,984	4,421,244	4,395,895	4,681,975	5,573,125	6,511,565	7,759,940	7,138,430	7,447,410	5,916,673	4,202,073	4,619,433	3,534,253	3,380,961	3,378,792	3,491,692	3,135,340	3,873,629	4,688,378
Total current assets	US$ in thousands	507,546	368,646	408,990	402,712	475,692	422,419	384,728	437,642	787,525	977,654	1,015,500	724,776	686,119	708,853	550,440	586,307	574,139	521,782	842,277	1,120,020
Total current liabilities	US$ in thousands	1,445,930	1,323,960	1,406,010	1,382,900	1,452,090	1,461,050	1,506,860	1,497,540	1,774,910	2,544,020	2,475,400	2,551,050	2,068,120	2,802,680	1,883,100	1,221,330	983,054	1,035,380	864,240	971,874
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	31.65

December 31, 2024 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $4,325,594K ÷ ($507,546K – $1,445,930K)
= —

Working capital turnover is a financial ratio that measures a company's efficiency in utilizing its working capital to generate sales revenue. A higher working capital turnover indicates that the company is effectively managing its working capital to support its sales activities.

Based on the data provided for Antero Resources Corp, the working capital turnover for the period ending March 31, 2020, was 31.65. This indicates that the company generated $31.65 in sales revenue for every dollar of working capital it invested during that period. However, there is no available data for the subsequent periods, which makes it difficult to track the trend and evaluate the company's working capital management efficiency over time.

It is important for Antero Resources Corp to consistently monitor its working capital turnover ratio to ensure optimal utilization of its working capital and to support its operational activities effectively. Further data for future periods would be necessary to conduct a more comprehensive analysis of the company's working capital turnover and its implications for its financial performance and liquidity management.