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