Crescent Energy Co (CRGY)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,930,920 | 2,382,600 | 3,057,060 | 1,476,980 | 754,221 |
| Total current assets | US$ in thousands | 788,088 | 615,652 | 516,739 | 479,618 | 220,448 |
| Total current liabilities | US$ in thousands | 827,363 | 750,257 | 893,749 | 616,125 | 120,671 |
| Working capital turnover | — | — | — | — | 7.56 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,930,920K ÷ ($788,088K – $827,363K)
= —
The working capital turnover for Crescent Energy Co has been reported as 7.56 as of December 31, 2020. However, no data is available for the subsequent years, including December 31, 2021, 2022, 2023, and 2024. This ratio indicates that the company generated $7.56 in revenue for every dollar of working capital invested during the period ending December 31, 2020. The lack of data for the following years makes it challenging to assess the company's efficiency in utilizing its working capital for generating sales in those periods. It is essential for Crescent Energy Co to provide updated information to assess any changes and trends in its working capital turnover over time.
Peer comparison
Dec 31, 2024