One Gas Inc (OGS)

Working capital turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	2,371,987	4,395,540	4,419,087	4,449,948	4,389,267	3,614,217	3,528,777	3,415,448	3,069,282	2,792,212	2,762,929	2,720,570	2,623,445	2,745,795	2,749,718	2,543,620	2,364,742	1,129,508	1,119,225	1,344,557
Total current assets	US$ in thousands	765,204	564,365	587,289	788,469	1,217,610	958,426	2,148,870	2,274,470	2,224,560	752,890	603,711	1,158,670	539,869	369,704	347,389	407,667	506,202	389,683	376,812	516,270
Total current liabilities	US$ in thousands	1,477,220	1,571,700	1,454,090	1,542,280	1,189,420	1,104,660	2,328,280	2,368,770	980,493	720,136	369,305	879,036	797,079	575,714	490,755	776,153	872,737	677,755	578,353	658,191
Working capital turnover		—	—	—	—	155.70	—	—	—	2.47	85.25	11.79	9.73	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $2,371,987K ÷ ($765,204K – $1,477,220K)
= —

Based on the data provided, the working capital turnover ratio for ONE Gas Inc is not available for Q4 2023, Q3 2023, Q2 2023, and Q1 2023. However, for Q4 2022, the working capital turnover ratio was 91.45. This indicates that during Q4 2022, ONE Gas Inc generated approximately $91.45 in revenue for every dollar of working capital investment. It is important to note that without data for the other quarters, it is difficult to track the trend or assess the current efficiency of the company in utilizing its working capital to generate revenue.