Core Laboratories NV (CLB)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|
| Revenue | US$ in thousands | 522,978 | 497,549 |
| Total current assets | US$ in thousands | 226,606 | 223,136 |
| Total current liabilities | US$ in thousands | 97,586 | 88,097 |
| Working capital turnover | 4.05 | 3.68 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $522,978K ÷ ($226,606K – $97,586K)
= 4.05
Peer comparison
Dec 31, 2024
Company name
Symbol
Working capital turnover
Core Laboratories NV
CLB
4.05
Helix Energy Solutions Group Inc
HLX
3.35
Oceaneering International Inc
OII
4.50
RPC Inc
RES
2.57