Comstock Resources Inc (CRK)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,253,580 | 1,293,550 | 1,365,815 | 1,407,196 | 1,561,002 | 2,076,910 | 2,890,173 | 3,548,216 | 3,583,479 | 3,316,471 | 2,637,647 | 2,035,086 | 1,850,730 | 1,470,125 | 1,136,960 | 972,802 | 858,195 | 872,672 | 919,105 | 867,686 |
| Total current assets | US$ in thousands | 284,034 | 299,712 | 323,407 | 358,064 | 461,493 | 327,184 | 282,166 | 422,824 | 644,987 | 708,824 | 530,811 | 268,022 | 318,736 | 309,592 | 224,878 | 244,043 | 199,810 | 149,830 | 192,655 | 267,837 |
| Total current liabilities | US$ in thousands | 612,854 | 499,765 | 552,275 | 556,018 | 681,491 | 659,961 | 762,062 | 628,311 | 756,137 | 1,091,530 | 964,661 | 938,487 | 633,984 | 1,063,460 | 655,525 | 433,584 | 441,592 | 380,782 | 290,966 | 327,619 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $1,253,580K ÷ ($284,034K – $612,854K)
= —
The working capital turnover ratio for Comstock Resources Inc appears to be unavailable or not reported for the periods from March 31, 2020, to December 31, 2024, based on the provided data. The working capital turnover ratio measures the efficiency of a company in generating sales from its working capital.
Without the specific numerical values for this ratio over the mentioned periods, it is challenging to provide a detailed analysis of how effectively Comstock Resources Inc is utilizing its working capital to support business operations and generate revenue.
In order to fully assess the performance and financial health of the company, it would be necessary to have access to the working capital turnover ratio figures for the applicable periods. Investors and analysts often utilize this ratio to evaluate the operational efficiency and liquidity management of a company, as a higher ratio generally indicates better utilization of working capital.
Therefore, without the data for the working capital turnover ratio, a comprehensive analysis of Comstock Resources Inc's working capital efficiency and turnover cannot be conducted.
Peer comparison
Dec 31, 2024