Permian Resources Corporation (PR)

Working capital turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 5,000,730 3,120,890 2,131,260 1,029,890 580,456
Total current assets US$ in thousands 1,121,590 650,392 463,790 86,535 65,586
Total current liabilities US$ in thousands 1,327,340 1,241,550 605,569 167,899 131,868
Working capital turnover — — — — —

December 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $5,000,730K ÷ ($1,121,590K – $1,327,340K)
= —

The working capital turnover ratio for Permian Resources Corporation is not available for the years 2020 to 2024 based on the provided data. This implies that there is insufficient information to analyze how efficiently the company is managing its working capital to generate sales revenue during those years. Working capital turnover is an important metric that can indicate a company's ability to effectively utilize its current assets and liabilities to support its operations. Without this ratio, it is challenging to evaluate the company's liquidity and operational efficiency over the specified period.