Nextier Oilfield Solutions Inc Asset Turnover Ratio (NEX), as of second quarter 2023, current and historic results, rankings and more - CSIMarket
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Nextier Oilfield Solutions Inc   (NYSE: NEX)
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 

Nextier Oilfield Solutions Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Due to the increase in investments during the second quarter 2023, Nextier Oilfield Solutions Inc 's asset turnover ratio sequentially decreased to 1.89 in the second quarter (Jun 30 2023), but remained above the company's average. For every Dollar on the Balance Sheet, Nextier Oilfield Solutions Inc realized $1.89 in annual sales.

Within sector 3 more businesses have achieved higher asset turnover ratio. While Asset turnover ratio total ranking has improved so far during the II Quarter 2023, to 254, from total ranking in the first quarter 2023 at 1674.

Asset Turnover Ratio Definition



NEX Asset Turnover Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Asset Change 30.79 % 33.51 % 18.5 % 27.11 % 45.42 %
Y / Y Revenue Change 12.12 % 47.34 % 70.85 % 127.9 % 188.53 %
Asset Turnover Ratio (TTM) 1.89 1.96 1.93 1.79 1.57
NEX's Total Ranking # 254 # 1674 # 1674 # 1648 # 251
Seq. Asset Change 5.75 % 18.46 % -4.17 % 8.95 % 7.95 %
Seq. Revenue Change 1.01 % 7.44 % -2.81 % 6.3 % 32.73 %



Asset Turnover Ratio Company Ranking
Within: No.
Oil And Gas Production Industry # 4
Energy Sector # 15
Overall Market # 254

Asset Turnover Ratio Statistics
High Average Low
2 1.49 0.67
(Sep 30 2018)   (Mar 31 2021)







Companies with similar Asset Turnover Ratio for the quarter ending Jun 30 2023, within Energy Sector Asset Turnover Ratio Revenues for 12 Months ending Jun 30 2023 Assets at quarter ending Jun 30 2023
Vertex Energy Inc   4.22 $ 3,160.649  Millions$ 749.525  Millions
Sunoco Lp  3.53 $ 23,619.000  Millions$ 6,685.000  Millions
Pbf Energy Inc   3.11 $ 42,063.500  Millions$ 13,506.675  Millions
Valero Energy Corp  2.61 $ 157,148.000  Millions$ 60,288.750  Millions
Cvr Energy Inc  2.36 $ 9,901.000  Millions$ 4,187.500  Millions
Victory Clean Energy Inc   2.24 $ 1.587  Millions$ 0.708  Millions
Delek Us Holdings Inc   2.23 $ 17,924.000  Millions$ 8,036.450  Millions
Par Pacific Holdings Inc   2.20 $ 7,334.296  Millions$ 3,331.288  Millions
Fgi Industries Ltd   2.05 $ 126.507  Millions$ 61.744  Millions
Phillips 66  2.02 $ 154,720.000  Millions$ 76,482.250  Millions
Klx Energy Services Holdings Inc   1.89 $ 918.500  Millions$ 487.100  Millions
Nextier Oilfield Solutions Inc   1.89 $ 3,647.630  Millions$ 1,934.744  Millions
Liberty Energy Inc   1.81 $ 4,870.904  Millions$ 2,696.554  Millions
Marathon Petroleum Corporation  1.78 $ 156,807.000  Millions$ 88,269.250  Millions
Ranger Energy Services inc   1.70 $ 652.000  Millions$ 382.525  Millions
Martin Midstream Partners L p   1.61 $ 912.846  Millions$ 568.132  Millions
Rpc inc   1.59 $ 1,834.157  Millions$ 1,150.154  Millions
Calumet Inc   1.55 $ 4,219.100  Millions$ 2,719.800  Millions
Nine Energy Service Inc   1.55 $ 658.937  Millions$ 424.870  Millions
Masco Corporation  1.54 $ 8,233.000  Millions$ 5,335.500  Millions
Alpha Metallurgical Resources Inc   1.49 $ 3,462.822  Millions$ 2,319.820  Millions
Norris Industries Inc   1.36 $ 0.455  Millions$ 0.336  Millions
Arch Resources Inc   1.35 $ 3,225.885  Millions$ 2,393.132  Millions
Crossamerica Partners Lp  1.32 $ 1,631.299  Millions$ 1,235.613  Millions
Select Water Solutions inc   1.31 $ 1,577.514  Millions$ 1,201.900  Millions
Team Inc   1.30 $ 811.560  Millions$ 623.053  Millions
Imperial Oil Limited  1.26 $ 41,070.622  Millions$ 32,698.816  Millions
Omega Flex Inc   1.25 $ 118.233  Millions$ 94.841  Millions
Enservco Corporation  1.21 $ 22.252  Millions$ 18.439  Millions
Berry Corporation bry   1.19 $ 1,849.024  Millions$ 1,554.332  Millions



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