Core Laboratories NV (CLB)
Working capital turnover
| Dec 31, 2023 | ||
|---|---|---|
| Revenue | US$ in thousands | 497,549 |
| Total current assets | US$ in thousands | 223,136 |
| Total current liabilities | US$ in thousands | 88,097 |
| Working capital turnover | 3.68 |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $497,549K ÷ ($223,136K – $88,097K)
= 3.68
Peer comparison
Dec 31, 2023
Company name
Symbol
Working capital turnover
Core Laboratories NV
CLB
3.68
Halliburton Company
HAL
3.88
Helix Energy Solutions Group Inc
HLX
5.18
Liberty Oilfield Services Inc
LBRT
15.08
Oceaneering International Inc
OII
4.23
ProPetro Holding Corp
PUMP
40.98
RPC Inc
RES
2.83
Schlumberger NV
SLB
7.55