CNX Resources Corp (CNX)

Working capital turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	3,434,953	4,103,016	3,869,571	3,450,289	2,987,605	2,641,965	3,151,913	3,143,144	2,802,921	2,138,434	1,577,500	1,314,692	1,257,978	1,136,022	1,599,944	2,056,135	1,918,207	1,845,120	1,708,346	1,496,904
Total current assets	US$ in thousands	421,788	300,592	399,823	351,598	573,804	723,739	618,197	416,876	459,807	583,824	333,976	277,446	273,332	332,239	430,722	586,053	498,101	345,726	460,094	364,966
Total current liabilities	US$ in thousands	822,998	991,018	692,013	704,908	1,312,800	2,258,030	2,031,970	2,127,340	954,576	1,767,350	809,195	457,907	441,312	507,961	476,524	500,351	528,939	621,624	623,245	588,495
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	23.99	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,434,953K ÷ ($421,788K – $822,998K)
= —

Based on the provided data, it appears that the working capital turnover ratio for CNX Resources Corp is not available for the quarters listed. Working capital turnover is a measure of how efficiently a company is utilizing its working capital to generate sales revenue. Without the specific values for this ratio over the indicated periods, it is challenging to assess the company's operational efficiency in managing its working capital to support its revenue generation activities. Further data or information on working capital turnover for CNX Resources Corp would be needed to conduct a thorough analysis of its financial performance in this aspect.