Comstock Resources Inc (CRK)
Inventory turnover
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 39,669 | 40,940 | 36,184 | 33,252 | 70,822 |
Inventory | US$ in thousands | — | 34,819 | 5,015 | 3,080 | 4,503 |
Inventory turnover | — | 1.18 | 7.22 | 10.80 | 15.73 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $39,669K ÷ $—K
= —
The inventory turnover ratio for Comstock Resources, Inc. has been shown as 0.00 for the years 2019 to 2023. This indicates that the company's inventory turnover was not reported or calculated during these periods. The lack of data on inventory turnover could potentially signal challenges in managing inventory efficiently or could be a result of the nature of the company's operations where inventory turnover is not a significant metric. Further analysis and additional information would be required to understand the reasons behind the absence of reported inventory turnover ratios.
Peer comparison
Dec 31, 2023
Company name
Symbol
Inventory turnover
Comstock Resources Inc
CRK
—
Antero Resources Corp
AR
—
APA Corporation
APA
1.30
California Resources Corp
CRC
5.03
Chesapeake Energy Corp
CHK
0.21
Chord Energy Corp
CHRD
10.78
Civitas Resources Inc
CIVI
6.56
CNX Resources Corp
CNX
6.95
Coterra Energy Inc
CTRA
14.85
Devon Energy Corporation
DVN
1.81
Diamondback Energy Inc
FANG
2.63