Knife River Corporation (KNF)
Working capital turnover
| Dec 31, 2023 | ||
|---|---|---|
| Revenue | US$ in thousands | 2,830,350 |
| Total current assets | US$ in thousands | 913,543 |
| Total current liabilities | US$ in thousands | 347,271 |
| Working capital turnover | 5.00 |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $2,830,350K ÷ ($913,543K – $347,271K)
= 5.00
Peer comparison
Dec 31, 2023
Company name
Symbol
Working capital turnover
Knife River Corporation
KNF
5.00
Martin Marietta Materials Inc
MLM
2.41
MDU Resources Group Inc
MDU
16.17
Vulcan Materials Company
VMC
4.51