Southwestern Energy Company (SWN)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,899,000 | 197,000 | 227,000 | 3,008,000 | 193,000 |
| Inventory | US$ in thousands | 614,000 | 145,000 | 183,000 | 241,000 | 278,000 |
| Inventory turnover | 3.09 | 1.36 | 1.24 | 12.48 | 0.69 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,899,000K ÷ $614,000K
= 3.09
To calculate Southwestern Energy Company's inventory turnover ratio, we need the cost of goods sold (COGS) and the average inventory for each corresponding year. Without these specific values provided in the table, it is not possible to calculate the inventory turnover ratio for any of the years mentioned. The inventory turnover ratio indicates how efficiently a company manages its inventory by showing how many times a company sells and replaces its inventory during a specific period. A high inventory turnover ratio suggests that the company is selling goods quickly and efficiently, while a low ratio may indicate excess inventory or slow sales. For a more accurate analysis of Southwestern Energy Company's inventory turnover, the COGS and average inventory figures are necessary.
Peer comparison
Dec 31, 2023