Comstock Resources Inc (CRK)
Working capital turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,253,580 | 1,565,110 | 3,628,060 | 1,850,730 | 858,195 |
| Total current assets | US$ in thousands | 284,034 | 461,493 | 644,987 | 318,736 | 199,810 |
| Total current liabilities | US$ in thousands | 612,854 | 681,491 | 756,137 | 633,984 | 441,592 |
| Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,253,580K ÷ ($284,034K – $612,854K)
= —
Given that the working capital turnover ratio for Comstock Resources Inc. is not provided for the years 2020 to 2024, it is not possible to analyze the efficiency of the company in generating sales from its working capital over the mentioned period. The lack of data for this ratio limits our ability to assess the company's short-term liquidity management and operational efficiency based on the turnover of its working capital. It is important for the company to disclose this ratio in their financial statements for stakeholders to evaluate how efficiently the company is utilizing its working capital to support its sales activities.
Peer comparison
Dec 31, 2024