Permian Resources Corporation (PR)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,645,450 | 1,470,630 | 714,460 | 481,437 | 539,145 |
| Inventory | US$ in thousands | — | -25,451 | 100,797 | 0 | — |
| Inventory turnover | — | — | 7.09 | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,645,450K ÷ $—K
= —
The inventory turnover ratio for Permian Resources Corporation was not calculable for the years ending December 31, 2020, 2021, and 2024. However, for the year ending December 31, 2022, the inventory turnover ratio was 7.09 times. This indicates that Permian Resources Corporation turned over its inventory approximately 7.09 times during 2022, likely reflecting efficient management of inventory levels.
The lack of data for 2020, 2021, and 2024 may suggest fluctuations in inventory management practices or could be due to specific circumstances in those years that impacted inventory turnover calculations. Further analysis would be needed to understand the reasons behind the unavailability of data for those years and to track the company's inventory turnover trend over time.
Peer comparison
Dec 31, 2024