ACI Worldwide Inc (ACIW)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | 22.10 | — | 22.26 | 19.97 | 20.82 | 24.85 | 22.83 | 19.58 | 19.29 | 25.87 | 21.04 | 20.07 | 19.15 | 25.63 | 24.89 | 22.30 | 20.86 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 4.11 | 4.17 | 4.54 | 4.23 | 3.97 | 5.08 | 5.56 | 5.49 | 5.56 | 6.75 | 7.21 | 7.18 | 7.48 | 6.20 | 5.90 | 5.36 | 5.19 | 4.67 | 4.95 | 5.37 |
ACI Worldwide Inc's inventory turnover ratio has been relatively stable over the past few years, ranging between 19.15 and 25.87. This indicates that the company effectively manages its inventory, with higher values suggesting that the company efficiently sells its products and replenishes its inventory.
The receivables turnover ratio data is not available, which limits our ability to assess how quickly the company collects its outstanding receivables.
Similarly, the payables turnover ratio data is not provided, making it challenging to evaluate how efficiently ACI Worldwide manages its payments to suppliers.
The working capital turnover ratio reflects how efficiently ACI Worldwide utilizes its working capital to generate sales. The ratio has fluctuated over the years, with values ranging from 3.97 to 7.48. A higher ratio suggests that the company is effectively using its working capital to generate revenue.
In conclusion, ACI Worldwide Inc displays strong inventory turnover efficiency and reasonable working capital turnover ratios. However, the lack of data for receivables and payables turnover ratios restricts a comprehensive analysis of the company's overall activity levels.
Average number of days
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | 16.51 | — | 16.40 | 18.27 | 17.53 | 14.69 | 15.99 | 18.64 | 18.92 | 14.11 | 17.35 | 18.19 | 19.06 | 14.24 | 14.67 | 16.37 | 17.50 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
The data provided does not contain specific figures for days of sales outstanding (DSO) and number of days of payables, so we will focus on analyzing the days of inventory on hand (DOH) for ACI Worldwide Inc across multiple periods.
The days of inventory on hand (DOH) ratio indicates the average number of days that a company holds its inventory before selling it. A lower DOH value generally implies efficient inventory management, as it suggests that the company is selling products quickly and not tying up excess capital in inventory.
Looking at the DOH data for ACI Worldwide Inc from March 31, 2020, to December 31, 2024, we observe some fluctuations in the DOH ratio over time. The DOH decreased from 17.50 days on March 31, 2020, to 14.11 days on December 31, 2021, indicating an improvement in inventory turnover during this period. This decrease suggests that the company was managing its inventory more efficiently and selling products at a faster rate.
However, there were subsequent increases in the DOH ratio, reaching 18.64 days on June 30, 2022, before decreasing again. The fluctuations in the DOH ratio could be a sign of changing business conditions, such as shifts in demand, supply chain disruptions, or inventory management strategies.
Overall, ACI Worldwide Inc should aim to maintain a balance in its inventory management to ensure efficient operations and optimal capital utilization. Regular monitoring and analysis of the DOH ratio can help the company make informed decisions to improve inventory turnover and enhance overall operational performance.
Long-term
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | — | 30.48 | 28.73 | 27.08 | 26.45 | 14.91 | 23.18 | 21.74 | 20.92 | 11.41 | 20.53 | 19.99 | 19.50 | 19.51 | 19.79 |
| Total asset turnover | 0.53 | 0.52 | 0.45 | 0.45 | 0.42 | 0.44 | 0.45 | 0.46 | 0.44 | 0.44 | 0.45 | 0.44 | 0.43 | 0.41 | 0.41 | 0.41 | 0.38 | 0.42 | 0.43 | 0.43 |
The Fixed Asset Turnover ratio for ACI Worldwide Inc has shown an increasing trend from March 31, 2020, to June 30, 2023, indicating that the company is generating more revenue per dollar of fixed assets invested. However, there was a significant drop in this ratio in the June 30, 2021, quarter, which could be a cause for concern.
On the other hand, the Total Asset Turnover ratio has been relatively stable over the same period, fluctuating between 0.38 and 0.53. This indicates that the company is efficiently utilizing its total assets to generate sales.
Overall, ACI Worldwide Inc's long-term activity ratios suggest that the company is effectively managing its assets to generate revenue, with the Fixed Asset Turnover ratio showing improvements over time, although some fluctuations have been observed. It is essential for the company to monitor these ratios closely to ensure continued operational efficiency and profitability.