Southwestern Energy Company (SWN)
Inventory 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cost of revenue (ttm) | US$ in thousands | 1,899,000 | 185,000 | 180,000 | 176,000 | 197,000 | 218,000 | 250,000 | 251,000 | 227,000 | 565,000 | 887,000 | 1,538,000 | 3,008,000 | 2,656,000 | 2,309,000 | 1,662,000 | 187,000 | 212,000 | 378,000 | 678,000 |
Inventory | US$ in thousands | 614,000 | 336,000 | 423,000 | 463,000 | 145,000 | 176,000 | 122,000 | 103,000 | 183,000 | 130,000 | 132,000 | 157,000 | 241,000 | 238,000 | 466,000 | 627,000 | 278,000 | 239,000 | 209,000 | 87,000 |
Inventory turnover | 3.09 | 0.55 | 0.43 | 0.38 | 1.36 | 1.24 | 2.05 | 2.44 | 1.24 | 4.35 | 6.72 | 9.80 | 12.48 | 11.16 | 4.95 | 2.65 | 0.67 | 0.89 | 1.81 | 7.79 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,899,000K ÷ $614,000K
= 3.09
Based on the provided data, the inventory turnover ratio for Southwestern Energy Company is not available for any of the quarters in the years 2022 and 2023. This lack of information hinders our ability to assess how efficiently the company is managing its inventory levels and converting them into sales within a specific time period. In order to perform a thorough analysis of the company's inventory turnover, additional data or information would be required.
Peer comparison
Dec 31, 2023
Dec 31, 2023
Company name
Symbol
Inventory turnover
Southwestern Energy Company
SWN
3.09
Antero Resources Corp
AR
—
APA Corporation
APA
1.40
California Resources Corp
CRC
4.89
Chesapeake Energy Corp
CHK
0.21
Chord Energy Corp
CHRD
10.63
Civitas Resources Inc
CIVI
6.52
CNX Resources Corp
CNX
6.72
Comstock Resources Inc
CRK
—
Coterra Energy Inc
CTRA
14.71
Devon Energy Corporation
DVN
1.80