Southwestern Energy Company (SWN)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,794,000 | 9,545,000 | 4,002,000 | 2,473,000 | 3,255,000 |
| Total current assets | US$ in thousands | 1,415,000 | 1,664,000 | 1,413,000 | 671,000 | 679,000 |
| Total current liabilities | US$ in thousands | 1,729,000 | 3,481,000 | 3,052,000 | 1,012,000 | 848,000 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $8,794,000K ÷ ($1,415,000K – $1,729,000K)
= —
To calculate the working capital turnover for Southwestern Energy Company, we need to use the formula:
Working Capital Turnover = Revenue / Average Working Capital
Unfortunately, without specific data on revenue and working capital for the years 2019 to 2023, we are unable to compute the exact working capital turnover ratio for Southwestern Energy Company.
However, a higher working capital turnover ratio would generally indicate that the company is efficient in managing its working capital in generating revenue. On the other hand, a lower ratio may suggest inefficiency or potential issues in managing working capital optimization.
To provide a more comprehensive analysis, it is necessary to have detailed financial information for the respective periods to accurately assess Southwestern Energy Company's working capital turnover performance in those years.
Peer comparison
Dec 31, 2023