Autoliv Inc (ALV)
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 | 9.19 | 8.64 | 9.25 | 8.74 | 8.55 | 8.52 | 8.61 | 7.83 | 7.68 | 7.86 | 7.63 | 7.42 | 8.65 | 7.57 | 7.85 | 7.56 | 7.77 | 8.34 | 7.87 | 8.66 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | — | — | — | 30.02 | — | 359.25 | 68.77 | 17.31 | 122.82 | 66.88 | 36.48 | 9.54 | 9.64 | 9.60 | 9.26 | 6.48 | 6.64 | 8.74 | 5.78 | 7.60 |
Autoliv Inc's inventory turnover ratio has shown fluctuations over the years, ranging from a low of 7.42 in March 2022 to a high of 9.25 in June 2024. The average inventory turnover ratio during the period under consideration is relatively healthy. This indicates that Autoliv has been effective in managing its inventory levels and converting inventory into sales.
On the other hand, the receivables turnover ratio and payables turnover ratio are not provided in the data, likely due to the sensitivity of the information or industry norms. Without this data, it is difficult to assess the efficiency of Autoliv in collecting receivables from customers and managing payments to suppliers.
The working capital turnover ratio for Autoliv shows significant variability, with a notable increase from 9.60 in December 2021 to 122.82 in December 2022, indicating a substantial improvement in utilizing working capital more efficiently to generate revenue. However, the working capital turnover ratio fluctuates widely after that, suggesting potential challenges or irregularities in managing working capital effectively.
In conclusion, while Autoliv's inventory turnover appears to be stable and efficient, the lack of information on receivables and payables turnover ratios limits a comprehensive assessment of the company's overall activity ratios. The significant fluctuations in the working capital turnover ratio also warrant further investigation into the company's working capital management practices.
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 | 39.73 | 42.22 | 39.47 | 41.77 | 42.68 | 42.83 | 42.38 | 46.60 | 47.50 | 46.45 | 47.85 | 49.22 | 42.21 | 48.19 | 46.49 | 48.29 | 46.99 | 43.79 | 46.40 | 42.14 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, Autoliv Inc's Days of Inventory on Hand (DOH) fluctuated over the observed period, ranging from a low of 39.47 days to a high of 49.22 days. Generally, a lower DOH indicates efficient management of inventory, as it suggests that the company is selling its products quickly. Autoliv Inc's DOH has shown some volatility, which may indicate fluctuations in production, demand, or supply chain efficiency.
Unfortunately, data on the Days of Sales Outstanding (DSO) and Number of Days of Payables were not available, preventing a comprehensive analysis of Autoliv Inc's activity ratios related to accounts receivable and accounts payable. DSO would have provided insights into how quickly the company collects payments from its customers, while the Number of Days of Payables would have shown how long Autoliv Inc takes to pay its suppliers. These ratios are crucial for understanding the company's liquidity and working capital management.
In conclusion, Autoliv Inc's Days of Inventory on Hand (DOH) showed variability over the reported periods, but a complete assessment of the company's activity ratios is hindered by the lack of data on DSO and payables turnover. It's essential for investors and stakeholders to monitor all these activity ratios to get a holistic view of Autoliv Inc's operational efficiency and financial health.
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 | — | — | — | — | — | 4.51 | 4.45 | 4.50 | 4.17 | 4.81 | 4.24 | 4.38 | 4.14 | 4.46 | 4.49 | 4.33 | 3.98 | 4.00 | 4.06 | 4.70 |
| Total asset turnover | 1.33 | 1.27 | 1.32 | 1.27 | 1.26 | 1.26 | 1.23 | 1.13 | 1.15 | 1.18 | 1.16 | 1.04 | 1.09 | 1.15 | 1.15 | 0.96 | 0.91 | 0.91 | 0.99 | 1.18 |
Autoliv Inc's fixed asset turnover has shown a fluctuating trend over the years, ranging from 3.98 to 4.81. The ratio peaked at 4.81 on September 30, 2022, indicating that the company generated $4.81 in sales for every dollar invested in fixed assets. However, the ratio declined to 4.17 by December 31, 2022. This indicates that the efficiency of utilizing fixed assets to generate sales slightly deteriorated in the latter part of 2022.
On the other hand, Autoliv Inc's total asset turnover has shown a more consistent trend, ranging from 0.91 to 1.33. The ratio experienced a significant increase from 0.91 on September 30, 2020, to 1.33 on December 31, 2024, indicating that the company generated $1.33 in sales for every dollar invested in total assets. This improvement suggests that Autoliv Inc became more efficient in utilizing its total assets to generate revenue over the years.
Overall, the analysis of Autoliv Inc's long-term activity ratios indicates varying trends in fixed asset turnover and a more consistent improvement in total asset turnover, reflecting the company's efficiency in generating sales relative to its investment in fixed and total assets, respectively.