American Woodmark Corporation (AMWD)

Activity ratios

Short-term

Turnover ratios

Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019
Inventory turnover 11.06 10.99 11.48 11.65 10.57 9.14 8.39 8.30 8.65 9.50 9.53 9.84 10.87 11.36 12.76 12.61 12.55 12.06 11.88 11.97
Receivables turnover 15.73 16.65 16.06 17.19 17.35 17.68 13.42 12.04 11.84 11.51 11.70 13.74 11.84 11.10 10.96 13.07 12.72 13.28 13.63 12.96
Payables turnover 27.29 27.66 31.34 31.69 31.53 34.85 24.78 18.14 17.71 22.05 20.90 20.51 18.76 18.51 20.79 25.43 23.06 22.98 20.40 21.20
Working capital turnover 8.93 8.80 8.79 9.26 10.87 8.55 7.78 8.60 8.75 9.61 10.22 11.47 9.18 8.49 7.81 7.68 11.44 11.68 11.87 10.52

The inventory turnover ratio for American Woodmark Corporation has been relatively stable over the past several periods, with values ranging from around 8 to 12 times. This indicates that the company is efficient in managing its inventory levels and converting them into sales.

Similarly, the receivables turnover ratio has also displayed consistency, hovering between 10 and 18 times. This implies that the company is effective in collecting outstanding receivables from customers, with a higher turnover generally indicating a shorter receivables collection period.

On the other hand, the payables turnover ratio has shown some fluctuation but has generally remained within the range of 17 to 35 times. This suggests that American Woodmark Corporation is managing its trade payables efficiently, with a higher turnover ratio indicating a shorter payment period to suppliers.

The working capital turnover ratio has exhibited variation, indicating fluctuations in the utilization of working capital to generate sales revenue. A higher turnover ratio typically reflects a more efficient use of working capital in generating sales.

In conclusion, American Woodmark Corporation appears to be effectively managing its inventory, receivables, payables, and working capital, based on the activity ratios analyzed over the provided periods.

Average number of days

Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019
Days of inventory on hand (DOH) days 33.00 33.22 31.80 31.34 34.54 39.92 43.51 43.99 42.21 38.43 38.29 37.09 33.59 32.13 28.60 28.95 29.08 30.27 30.73 30.50
Days of sales outstanding (DSO) days 23.21 21.92 22.73 21.24 21.04 20.65 27.19 30.31 30.84 31.70 31.20 26.56 30.83 32.89 33.30 27.93 28.69 27.48 26.78 28.15
Number of days of payables days 13.37 13.20 11.65 11.52 11.58 10.47 14.73 20.12 20.60 16.56 17.46 17.79 19.46 19.72 17.56 14.35 15.83 15.88 17.90 17.22

American Woodmark Corporation's days of inventory on hand (DOH) have been relatively stable over the past few years, ranging from 28.60 days to 43.99 days. The company has shown efficient inventory management, with an average DOH of around 34 days. This suggests that the company is able to turn its inventory into sales within a reasonable timeframe.

In terms of days of sales outstanding (DSO), American Woodmark Corporation has also maintained a consistent performance, with DSO ranging from 20.65 days to 33.30 days. The company's ability to collect its accounts receivable has been relatively steady, with an average DSO of approximately 27 days. This indicates that the company is efficient in collecting payments from its customers.

The number of days of payables for American Woodmark Corporation has shown some fluctuation, ranging from 10.47 days to 20.60 days. Despite this variability, the company has managed its payables effectively, with an average of around 16 days. This suggests that the company has been able to take advantage of favorable payment terms with its suppliers.

Overall, American Woodmark Corporation's activity ratios indicate that the company has been effectively managing its inventory, collecting receivables, and paying its suppliers. The stable and efficient performance in these areas reflects positively on the company's operational efficiency and cash flow management.

Long-term

Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019
Fixed asset turnover 6.79 7.47 8.24 9.04 9.42 10.23 10.13 9.44 8.69 8.80 8.65 8.68 8.52 8.17 8.22 8.09 7.84 7.88 7.98 7.90
Total asset turnover 1.16 1.20 1.26 1.32 1.36 1.33 1.25 1.19 1.14 1.15 1.13 1.13 1.05 0.99 0.98 0.97 1.03 1.02 1.01 1.08

The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate sales. American Woodmark Corporation's fixed asset turnover has been relatively stable over the past few periods, ranging from 6.79 to 10.23. This indicates that the company has been able to generate a consistent level of sales relative to its investment in fixed assets.

On the other hand, the total asset turnover ratio reflects the company's ability to generate sales from all its assets, not just fixed assets. American Woodmark Corporation's total asset turnover has also been quite consistent, ranging from 0.97 to 1.36. This suggests that the company has been effectively utilizing its total assets to generate sales, although there has been some fluctuation in this ratio over the periods analyzed.

Overall, both the fixed asset turnover and total asset turnover ratios for American Woodmark Corporation indicate efficient utilization of assets to generate sales, with some variability in the total asset turnover ratio. This consistency in asset turnover ratios implies that the company has been effectively managing its assets to drive revenue growth.