ANSYS Inc (ANSS)

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 — — — — — — — — — — — — — — — — — — — —
Receivables turnover 2.47 3.04 3.10 3.24 2.56 3.04 2.89 3.22 2.62 3.20 3.25 3.38 2.66 3.71 3.63 3.83 2.95 3.64 3.89 3.92
Payables turnover 10.34 16.91 10.94 9.76 11.91 17.75 18.31 11.56 17.88 14.88 14.97 15.24 23.75 20.41 25.76 13.98 12.05 19.56 18.56 14.44
Working capital turnover 1.35 1.55 1.68 1.75 1.96 2.38 2.82 2.93 2.38 2.41 2.84 2.41 2.22 1.62 1.75 1.68 1.70 1.72 2.03 2.00

Inventory Turnover: The data for inventory turnover is not available for any period provided.

Receivables Turnover: The receivables turnover ratio measures how efficiently ANSYS Inc collects outstanding payments from customers. The ratio has fluctuated over the periods presented, ranging from 2.47 to 3.83. A higher turnover ratio indicates that ANSYS is collecting receivables more quickly, which is generally favorable.

Payables Turnover: The payables turnover ratio reflects how efficiently ANSYS Inc pays its suppliers. The ratio has varied between 9.76 and 25.76 during the given periods. A higher turnover ratio suggests that the company is paying its suppliers more frequently, which may indicate good liquidity management.

Working Capital Turnover: The working capital turnover ratio shows how effectively ANSYS Inc is utilizing its working capital to generate sales. The ratio has fluctuated over the periods provided, with values ranging from 1.35 to 2.93. A higher turnover ratio indicates that ANSYS is efficiently using its working capital to generate revenue.

Overall, analyzing these activity ratios provides insights into ANSYS Inc's management of inventory, receivables, payables, and working capital to drive operational efficiency and financial performance.

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 — — — — — — — — — — — — — — — — — — — —
Days of sales outstanding (DSO) days 147.82 120.06 117.64 112.56 142.57 120.22 126.28 113.45 139.47 114.16 112.27 108.04 137.30 98.47 100.46 95.30 123.57 100.36 93.87 93.15
Number of days of payables days 35.30 21.59 33.38 37.39 30.64 20.57 19.93 31.58 20.42 24.53 24.39 23.95 15.37 17.89 14.17 26.11 30.29 18.66 19.67 25.27

The activity ratios of ANSYS Inc provide insights into its efficiency in managing its inventory, collecting receivables, and paying its creditors.

1. Days of Inventory on Hand (DOH): The DOH ratio measures how many days it takes for a company to sell its inventory. In the case of ANSYS Inc, the data shows "— days" across all periods, indicating that the company may not publicly disclose this metric or its inventory turnover rate might not be calculable based on the available information.

2. Days of Sales Outstanding (DSO): The DSO ratio calculates the average number of days it takes for a company to collect outstanding receivables. ANSYS Inc's DSO fluctuated over the periods, ranging from 93.15 days to 147.82 days. Generally, a lower DSO is preferable as it signifies that the company is efficient in collecting payments from its customers.

3. Number of Days of Payables: This ratio reflects how long a company takes to pay its suppliers or vendors. ANSYS Inc's payables days varied from 14.17 days to 37.39 days. A longer payable period can indicate that the company is effectively using trade credit to manage its cash flow, while a shorter period may suggest a potential strain on liquidity.

Overall, analyzing these activity ratios provides a comprehensive view of ANSYS Inc's operational efficiency and effectiveness in managing its working capital cycle. Further analysis and comparison with industry benchmarks would help in evaluating the company's performance in these areas.

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 28.39 28.32 26.94 27.52 29.18 28.62 27.66 26.60 25.55 26.07 24.59 23.25 21.69 20.65 19.60 18.66 17.42 17.10 17.13 18.23
Total asset turnover 0.32 0.32 0.32 0.31 0.31 0.32 0.33 0.33 0.31 0.33 0.33 0.33 0.30 0.31 0.31 0.30 0.28 0.32 0.33 0.33

The fixed asset turnover ratio for ANSYS Inc has shown a consistent increasing trend from March 31, 2020, to December 31, 2024, indicating that the company has been more efficient in generating revenues from its fixed assets over time. This ratio has increased from 18.23 on March 31, 2020, to 28.39 on December 31, 2024.

On the other hand, the total asset turnover ratio for ANSYS Inc has fluctuated over the same period, with slight variations in values. The ratio started at 0.33 on March 31, 2020, decreased to 0.28 on December 31, 2020, and then fluctuated between 0.30 and 0.32 from March 31, 2021, to December 31, 2024.

Overall, the increase in fixed asset turnover suggests that ANSYS Inc has been successful in utilizing its fixed assets more effectively to generate sales, while the total asset turnover ratio fluctuations may indicate changes in the company's asset utilization efficiency during the period under review.