Talos Energy (TALO)

Working capital turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	US$ in thousands	1,457,890	1,651,980	1,244,540	575,936	908,064
Total current assets	US$ in thousands	422,175	367,829	340,003	247,392	293,984
Total current liabilities	US$ in thousands	578,615	607,058	600,526	447,534	370,452
Working capital turnover		—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,457,890K ÷ ($422,175K – $578,615K)
= —

To calculate the working capital turnover for Talos Energy Inc, we need the values of net sales and average working capital for each year. The working capital turnover ratio is calculated by dividing net sales by average working capital. This ratio provides insight into how efficiently the company is using its working capital to generate sales revenue.

Without the specific figures for net sales and working capital for the years 2019 to 2023, a detailed analysis of Talos Energy Inc's working capital turnover is not possible. However, a higher working capital turnover ratio indicates that the company is efficiently utilizing its working capital to generate sales. Conversely, a lower ratio may suggest inefficiencies in managing working capital.

To gain a better understanding of Talos Energy Inc's operational efficiency and financial performance in utilizing its working capital, further analysis and access to the specific financial data for the relevant years are required.