Boise Cascad Llc (BCC)
Liquidity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.34 | 3.13 | 3.28 | 3.24 | 3.46 | 3.55 | 3.44 | 3.78 | 3.78 | 2.95 | 3.18 | 2.75 | 2.94 | 2.77 | 2.35 | 2.34 | 2.50 | 2.09 | 2.46 | 2.52 |
| Quick ratio | 1.26 | 1.18 | 1.34 | 1.30 | 1.60 | 1.83 | 1.62 | 1.72 | 1.83 | 1.17 | 1.34 | 1.05 | 1.17 | 1.12 | 0.77 | 0.66 | 0.77 | 0.75 | 0.74 | 0.49 |
| Cash ratio | 1.26 | 1.18 | 1.34 | 1.30 | 1.60 | 1.83 | 1.62 | 1.72 | 1.83 | 1.17 | 1.34 | 1.05 | 1.17 | 1.12 | 0.77 | 0.66 | 0.77 | 0.75 | 0.74 | 0.49 |
Boise Cascad Llc's liquidity ratios show a healthy liquidity position over the periods under review. The current ratio, which measures the company's ability to cover short-term liabilities with its current assets, has been consistently above 2, indicating a strong liquidity position. The ratio peaked at 3.78 as of December 31, 2022, before stabilizing around 3 in subsequent periods.
The quick ratio, a more stringent measure of liquidity that excludes inventory from current assets, also reflects a solid liquidity position for Boise Cascad Llc. The quick ratio has generally trended upwards, reaching a high of 1.83 as of December 31, 2022, indicating the company's ability to meet short-term obligations without relying on selling inventory.
The cash ratio, which is the most conservative measure of liquidity and only considers cash and cash equivalents to cover current liabilities, has also shown a positive trend, with values consistently above 1 in recent periods. This indicates that Boise Cascad Llc has a sufficient level of cash to meet its short-term obligations.
Overall, based on these liquidity ratios, Boise Cascad Llc appears to have a strong ability to meet its short-term financial obligations and maintain operational flexibility.
Additional liquidity measure
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash conversion cycle | days | 53.66 | 52.54 | 54.53 | 53.84 | 48.07 | 46.30 | 45.81 | 45.14 | 39.34 | 42.59 | 45.04 | 44.64 | 38.28 | 38.29 | 45.69 | 44.71 | 40.51 | 39.09 | 41.01 | 48.21 |
The cash conversion cycle of Boise Cascade Llc has shown some fluctuations over the given periods. The trend indicates that the company's efficiency in converting its resources into cash has varied.
On average, the cash conversion cycle was around 45 days, starting with 48.21 days on March 31, 2020, decreasing to 38.29 days on September 30, 2021, and then slightly increasing again to 53.66 days on December 31, 2024.
A lower cash conversion cycle is generally viewed favorably as it signifies that the company is efficiently managing its working capital, inventory, and receivables. Conversely, a higher cash conversion cycle implies a longer time to convert resources into cash, which could indicate potential inefficiencies in the company's operations.
Overall, Boise Cascade Llc should aim to consistently monitor and manage its cash conversion cycle to optimize its working capital and enhance its overall financial performance.