Arch Resources Inc (ARCH)

Activity ratios

Short-term

Turnover ratios

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Inventory turnover 10.80 11.43 10.18 10.01 11.89 11.62 10.86 9.92 11.62 9.99 10.10 10.40 13.24 13.64 12.55 13.83 13.02 7.19 4.31 2.05
Receivables turnover 11.43 11.09 13.31 12.53 15.54 16.96 7.20 8.12 6.53 7.71 9.59 10.88 13.05 12.94 15.84 14.29 13.53 11.56 13.10 12.39
Payables turnover 12.87 13.44 14.21 15.35 12.52 13.42 13.99 13.74 13.80 15.26 14.15 13.06 16.08 19.74 18.59 19.04 12.81 7.42 5.37 2.15
Working capital turnover 5.69 7.13 6.91 7.00 9.29 6.02 5.41 6.60 5.89 8.32 11.06 4.92 4.88 5.55 6.47 5.94 5.76 4.52 4.55 4.52

Arch Resources Inc's activity ratios provide insight into how efficiently the company is managing its assets and liabilities.

1. Inventory turnover:
- The inventory turnover ratio has generally been stable over the periods analyzed, ranging from 10.01 to 13.64.
- This indicates that Arch Resources is able to sell and replace its inventory multiple times a year, with higher ratios indicating better inventory management efficiency.

2. Receivables turnover:
- The receivables turnover ratio has shown some variability but has mostly remained in a healthy range from 6.53 to 16.96.
- This suggests that the company efficiently collects its accounts receivable, with higher ratios indicating faster collection of outstanding payments from customers.

3. Payables turnover:
- The payables turnover ratio has fluctuated but has been relatively consistent, ranging from 5.37 to 19.74.
- This indicates that Arch Resources manages its accounts payable effectively, with higher ratios suggesting quicker payments to suppliers.

4. Working capital turnover:
- The working capital turnover ratio has shown some fluctuations but generally stayed between 4.52 and 11.06.
- This ratio reflects how efficiently the company is utilizing its working capital to generate sales, with higher ratios implying better utilization of resources.

Overall, based on the activity ratios analyzed, Arch Resources Inc appears to be effectively managing its inventories, receivables, payables, and working capital to support its operational activities.

Average number of days

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Days of inventory on hand (DOH) days 33.78 31.94 35.87 36.45 30.70 31.42 33.62 36.78 31.40 36.54 36.13 35.10 27.57 26.75 29.07 26.38 28.03 50.80 84.65 177.88
Days of sales outstanding (DSO) days 31.94 32.92 27.43 29.14 23.48 21.52 50.70 44.93 55.89 47.31 38.05 33.54 27.97 28.22 23.04 25.54 26.98 31.58 27.86 29.47
Number of days of payables days 28.35 27.17 25.68 23.79 29.16 27.21 26.10 26.56 26.44 23.92 25.80 27.95 22.70 18.49 19.63 19.17 28.49 49.19 67.95 169.73

Arch Resources Inc's activity ratios indicate the efficiency with which the company manages its inventory, receivables, and payables.

Days of inventory on hand (DOH) have been relatively stable over the periods, averaging around 30 to 35 days. This suggests that Arch manages its inventory efficiently, neither overstocking nor suffering from shortages.

Days of sales outstanding (DSO) have shown some variability, ranging between 20 to 55 days. Lower DSO values indicate quicker collection of receivables, which is positive for cash flow management.

Number of days of payables displays similar stability to inventory days, averaging around 25 to 30 days. This indicates that Arch typically takes about a month to pay its suppliers after receiving goods or services, balancing the timing of cash outflows effectively.

Overall, these activity ratios suggest that Arch Resources Inc maintains a balanced approach to managing its working capital, with efficient inventory turnover, timely receivables collection, and reasonable payment practices to suppliers.

Long-term

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Fixed asset turnover 2.55 2.68 2.79 3.13 3.11 3.20 2.97 2.36 1.89 1.54 1.39 1.33 1.44 1.71 1.77 2.06 2.32 2.68 2.75 2.85
Total asset turnover 1.26 1.36 1.40 1.52 1.52 1.54 1.42 1.22 1.00 0.90 0.86 0.79 0.84 1.00 1.04 1.15 1.22 1.23 1.27 1.30

Arch Resources Inc's long-term activity ratios provide insights into how efficiently the company is utilizing its assets to generate sales revenue. The fixed asset turnover ratio has shown some fluctuations over the periods analyzed, ranging from 1.33 to 3.20. This ratio indicates that, on average, Arch Resources generates between $1.33 and $3.20 of sales for every dollar invested in fixed assets. The higher the ratio, the more effectively the company is utilizing its fixed assets to generate revenue.

On the other hand, the total asset turnover ratio has displayed a similar trend, fluctuating between 0.79 and 1.54. This ratio signifies that for every dollar of total assets, Arch Resources is generating sales revenue ranging from $0.79 to $1.54. A higher total asset turnover ratio suggests better asset utilization efficiency.

Overall, the fixed asset turnover ratios indicate that Arch Resources has been effectively utilizing its fixed assets to generate sales, with the ratio showing some volatility over the periods analyzed. The total asset turnover ratios also reflect fluctuations, suggesting varying levels of efficiency in utilizing total assets to generate revenue. Monitoring these ratios over time can provide valuable insights into the company's operational efficiency and financial performance.