Vital Energy Inc. (VTLE)
Working capital turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 1,753,840 | 1,491,170 | 1,495,400 | 820,641 | 661,355 |
Total current assets | US$ in thousands | 466,556 | 370,919 | 245,791 | 235,857 | 136,590 |
Total current liabilities | US$ in thousands | 601,139 | 595,589 | 415,276 | 526,913 | 197,595 |
Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $1,753,840K ÷ ($466,556K – $601,139K)
= —
The data provided indicates that Vital Energy Inc. did not report any values for the working capital turnover ratio for the years spanning from December 31, 2020, to December 31, 2024. The working capital turnover ratio is an important financial metric that assesses a company's efficiency in utilizing its working capital to generate sales revenue. A higher ratio typically suggests better efficiency in managing working capital.
The absence of reported values for the working capital turnover ratio for the specified years suggests that there is no available information to evaluate Vital Energy Inc.'s performance in terms of its working capital management efficiency during this period. In the absence of this data, it is challenging to determine the company's ability to efficiently convert its working capital into revenue over the given years.
Further examination of the company's financial statements and additional data would be necessary to provide a more in-depth analysis of Vital Energy Inc.'s working capital turnover performance and to assess its overall financial health and operational efficiency.
Peer comparison
Dec 31, 2024