Permian Resources Corporation (PR)

Working capital turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Revenue (ttm)	US$ in thousands	5,000,730	4,827,340	4,370,311	3,747,629	3,120,897	2,759,763	2,551,000	2,400,256	2,131,265	1,686,128	1,424,855	1,184,778	1,029,892	861,550	722,146	580,078	580,456	688,771	768,800	922,530
Total current assets	US$ in thousands	1,121,590	865,538	578,117	607,377	650,392	565,190	426,037	443,995	463,790	445,764	349,879	189,434	86,535	109,546	100,342	87,009	65,586	64,509	77,628	73,730
Total current liabilities	US$ in thousands	1,327,340	1,271,960	1,167,630	1,112,030	1,241,550	760,011	722,724	681,998	605,569	615,766	316,101	299,727	167,899	228,536	220,879	194,191	131,868	120,705	157,861	239,045
Working capital turnover		—	—	—	—	—	—	—	—	—	—	42.18	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

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

The working capital turnover ratio for Permian Resources Corporation has been consistently not available, denoted by a dash, until the June 30, 2022, reporting period where it stood at 42.18. This sudden appearance of a value for the ratio in June 2022 indicates a significant increase in the efficiency of Permian Resources' working capital management during that period. However, since subsequent data points are not available, it is challenging to gauge the sustainability of this improvement or identify any trends in the ratio's performance over time. Tracking this ratio in future reporting periods will be important to assess the ongoing effectiveness of Permian Resources in utilizing its working capital efficiently.