Noble Corporation plc (NE)

Working capital turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	3,057,820	2,589,020	1,413,850	847,806	964,272
Total current assets	US$ in thousands	1,388,860	1,061,750	1,051,790	455,646	602,284
Total current liabilities	US$ in thousands	940,362	641,680	667,098	248,394	218,351
Working capital turnover		6.82	6.16	3.68	4.09	2.51

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $3,057,820K ÷ ($1,388,860K – $940,362K)
= 6.82

Dec 31, 2024

Company name

Symbol

Working capital turnover

Noble Corporation plc

6.82