Amphenol Corporation (APH)

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	3.96	3.67	3.73	4.00	3.91	4.02	4.27	4.09	4.11	4.08	4.00	3.95	3.95	3.61	3.79	4.01	4.06	4.13	4.11	4.21
Receivables turnover	4.63	4.55	4.69	5.13	4.79	4.85	5.14	5.24	4.80	4.70	4.64	4.73	4.43	4.66	4.72	4.72	4.41	4.43	4.89	5.28
Payables turnover	5.54	5.37	5.88	6.81	6.27	6.76	7.64	7.28	6.57	6.08	5.95	6.15	5.70	5.42	5.57	5.87	5.30	5.34	6.03	6.83
Working capital turnover	2.72	3.68	3.81	3.55	3.41	3.23	3.48	3.19	3.32	3.38	3.20	3.09	3.10	2.55	2.80	2.50	2.70	2.95	2.86	2.43

Amphenol Corporation's inventory turnover has shown a fluctuating trend over the past few years but has generally been around 4 times per year. This indicates that the company is efficient in managing its inventory levels and turning over its inventory frequently.

The receivables turnover ratio has also varied over time but has generally hovered around 4-5 times per year. This suggests that Amphenol is efficient in collecting receivables from its customers, with a quicker turnover indicating a more effective credit and collection policy.

In terms of payables turnover, Amphenol has shown a consistent increase in the ratio over the years, indicating that the company is taking longer to pay its suppliers. This may suggest that Amphenol has been able to negotiate better credit terms with its suppliers or that it is managing its cash flow effectively.

The working capital turnover ratio has shown a fluctuating trend, indicating the company's ability to generate sales in relation to the amount of working capital it employs. A higher ratio signifies a better utilization of working capital to generate sales, and Amphenol's ratios have generally been above 3, reflecting efficient working capital management.

Overall, based on these activity ratios, Amphenol Corporation appears to be effectively managing its inventory, receivables, payables, and working capital to support its operations and generate sales.

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	92.15	99.36	97.92	91.30	93.38	90.72	85.49	89.34	88.91	89.55	91.28	92.51	92.49	101.10	96.37	90.93	89.93	88.35	88.82	86.66
Days of sales outstanding (DSO)	days	78.84	80.28	77.82	71.12	76.12	75.28	71.00	69.62	76.08	77.65	78.65	77.20	82.38	78.31	77.36	77.37	82.84	82.45	74.72	69.17
Number of days of payables	days	65.86	67.93	62.10	53.63	58.21	53.98	47.79	50.17	55.59	59.99	61.32	59.32	64.07	67.31	65.54	62.21	68.92	68.34	60.52	53.45

Amphenol Corporation's Days of Inventory on Hand (DOH) has shown some fluctuations over the past few years, with a decreasing trend from June 2023 to June 2024. The company held inventory for an average of around 90 days during this period.

The Days of Sales Outstanding (DSO) metric indicates that the average number of days it takes for the company to collect revenue from its sales decreased initially from March 2020 to June 2023 but then increased slightly by December 2024. Amphenol Corporation had DSO figures ranging from around 69 to 82 days during this period.

In terms of the Number of Days of Payables, the company's ability to meet its payment obligations has improved over the analyzed period, as the number of days outstanding for payables decreased from March 2020 to March 2024. Amphenol Corporation took an average of around 55 to 68 days to pay its suppliers during this period.

Analyzing these activity ratios collectively provides insights into how effectively Amphenol Corporation manages its inventory, collects revenue, and pays its suppliers. Investors and stakeholders can use this information to assess the company's operational efficiency and cash flow management.

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	8.89	8.52	8.73	9.79	9.55	10.00	9.98	10.17	10.48	10.64	10.33	9.75	9.25	8.74	8.36	8.47	8.15	8.03	8.09	8.27
Total asset turnover	0.71	0.73	0.72	0.77	0.76	0.79	0.82	0.82	0.82	0.82	0.80	0.77	0.74	0.69	0.67	0.69	0.70	0.71	0.72	0.67

Amphenol Corporation's fixed asset turnover ratio has shown an increasing trend, indicating that the company has been generating more revenue per dollar of fixed assets over time. This suggests improved efficiency in utilizing its fixed assets to generate sales.

On the other hand, the total asset turnover ratio has been fluctuating but generally maintaining a stable range. This ratio reflects how efficiently the company is utilizing all its assets to generate sales. A stable total asset turnover ratio could indicate consistent asset utilization and effective management of assets to generate revenue.

Overall, the trend in fixed asset turnover indicates a positive pattern of improving efficiency in utilizing fixed assets, while the stable total asset turnover suggests a consistent performance in generating revenue relative to its total assets.