Southwestern Energy Company (SWN)
Working capital 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 8,794,000 | 11,293,000 | 12,381,000 | 14,036,000 | 13,515,000 | 12,635,000 | 11,645,000 | 8,587,000 | 6,494,000 | 3,376,000 | 2,091,000 | 2,228,000 | 2,318,000 | 2,284,000 | 2,697,000 | 3,215,000 | 3,219,000 | 3,649,000 | 3,780,000 | 3,716,000 |
Total current assets | US$ in thousands | 1,415,000 | 1,042,000 | 1,120,000 | 1,199,000 | 1,664,000 | 2,002,000 | 2,004,000 | 1,238,000 | 1,413,000 | 902,000 | 593,000 | 602,000 | 671,000 | 613,000 | 770,000 | 972,000 | 679,000 | 633,000 | 764,000 | 887,000 |
Total current liabilities | US$ in thousands | 1,729,000 | 1,758,000 | 1,910,000 | 2,166,000 | 3,481,000 | 5,451,000 | 5,294,000 | 5,670,000 | 3,052,000 | 4,162,000 | 1,944,000 | 1,370,000 | 1,012,000 | 869,000 | 875,000 | 914,000 | 848,000 | 880,000 | 912,000 | 943,000 |
Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 55.43 | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $8,794,000K ÷ ($1,415,000K – $1,729,000K)
= —
As the data for working capital turnover for Southwestern Energy Company is not provided in the table, it is not possible to analyze the trend or performance of this specific ratio over the given quarters. Working capital turnover is typically calculated as revenue divided by average working capital and is a measure of how efficiently a company is utilizing its working capital to generate revenue. Further analysis would require additional data points or specific figures for each quarter to assess the company's working capital management and efficiency in turning working capital into revenue.
Peer comparison
Dec 31, 2023