Acadia Healthcare Company Inc (ACHC)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | 19.94 | 423.80 | 293.62 | 278.84 | 255.98 |
| Receivables turnover | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
| Working capital turnover | — | — | 22.16 | 25.67 | 1.72 |
Acadia Healthcare Company Inc's activity ratios provide insights into how efficiently the company manages its assets and liabilities.
1. Inventory Turnover: The inventory turnover ratio indicates how many times Acadia Healthcare Company Inc sells and replaces its inventory within a given period. The trend shows a consistent improvement over the years, increasing from 255.98 in 2020 to 423.80 in 2023. However, a significant decrease to 19.94 in 2024 may raise concern about potential inventory management issues or changes in business operations.
2. Receivables Turnover: The absence of data for receivables turnover signals that the company's financial statements do not provide specific information about how efficiently it collects accounts receivables. Without this ratio, it is challenging to assess the effectiveness of Acadia Healthcare Company Inc's credit and collection policies.
3. Payables Turnover: Similar to receivables turnover, the lack of data for payables turnover hinders the evaluation of how quickly the company pays its suppliers. This ratio is essential for understanding Acadia Healthcare Company Inc's relationships with its vendors and cash management practices.
4. Working Capital Turnover: The working capital turnover ratio measures how efficiently Acadia Healthcare Company Inc utilizes its working capital to generate sales. The significant increase in this ratio from 1.72 in 2020 to 25.67 in 2021 suggests a substantial improvement in the company's ability to generate revenue using its working capital. However, the absence of data for 2023 and 2024 makes it challenging to assess the ongoing trend.
Overall, Acadia Healthcare Company Inc's activity ratios highlight strong inventory turnover but lack information on receivables and payables turnover, which are critical for a comprehensive analysis of the company's operating efficiency and liquidity management. Further data would be needed to provide a more holistic view of Acadia Healthcare Company Inc's operational performance.
Average number of days
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 18.31 | 0.86 | 1.24 | 1.31 | 1.43 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
Acadia Healthcare Company Inc's activity ratios provide insights into how efficiently the company manages its operations and resources.
1. Days of Inventory on Hand (DOH):
- Acadia Healthcare has shown a decreasing trend in its DOH from 1.43 days in December 2020 to 0.86 days in December 2023, indicating that the company is managing its inventory more effectively over the years. However, there seems to be a significant spike to 18.31 days in December 2024, which may raise concerns about potential overstocking or inventory management issues that need to be addressed.
2. Days of Sales Outstanding (DSO):
- The data provided does not include information on Days of Sales Outstanding for Acadia Healthcare for the given years, indicating an absence of accounts receivable details. This makes it challenging to assess the efficiency of the company's accounts receivable management and collection processes.
3. Number of Days of Payables:
- Similarly, there is no data available for the Number of Days of Payables for Acadia Healthcare across the years. Understanding this metric would have been crucial in evaluating how quickly the company settles its payables with suppliers, impacting its working capital management.
Overall, the absence of DSO and the Number of Days of Payables data limits the comprehensive analysis of Acadia Healthcare's operational efficiency and working capital management based solely on the provided activity ratios. Further data and analysis would be required to gain a more complete understanding of the company's performance in these areas.
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 1.25 | 1.21 | 1.29 |
| Total asset turnover | 0.53 | 0.55 | 0.52 | 0.49 | 0.32 |
The fixed asset turnover ratio for Acadia Healthcare Company Inc decreased from 1.29 in 2020 to 1.21 in 2021, before slightly recovering to 1.25 in 2022. However, data for 2023 and 2024 are not available. This ratio measures the efficiency with which the company generates revenue from its fixed assets.
On the other hand, the total asset turnover ratio showed an increasing trend over the years, starting at 0.32 in 2020 and reaching 0.53 in 2024. This ratio indicates how efficiently the company is utilizing all its assets to generate sales. The improvement in total asset turnover suggests that Acadia Healthcare is becoming more effective at generating revenue using its overall asset base.