Box Inc (BOX)

Short-term

Turnover ratios

The inventory turnover ratio for Box Inc has shown improvement over the years, increasing from 4.28 in January 2021 to 5.26 in January 2023. This suggests that the company is managing its inventory more efficiently and selling its products at a faster rate.

On the other hand, the receivables turnover ratio is not provided for any of the years, indicating that information regarding the company's effectiveness in collecting receivables is not available. This makes it difficult to assess how quickly the company is collecting payments from its customers.

Similarly, the payables turnover ratio is not available for any of the years, making it challenging to evaluate how quickly the company is paying its suppliers.

The working capital turnover ratio shows fluctuations over the years, ranging from 2.89 in January 2021 to 10.90 in January 2023. A higher working capital turnover ratio indicates that the company is generating more revenue per unit of working capital invested, reflecting improved efficiency in utilizing its working capital.

In conclusion, the inventory turnover and working capital turnover ratios suggest positive trends in operational efficiency for Box Inc, while the lack of data for receivables and payables turnover ratios limits the comprehensive analysis of the company's activity ratios.

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Average number of days

Based on the provided data for Box Inc, we can analyze the following activity ratios:

1. Days of Inventory on Hand (DOH):
- January 31, 2021: 85.19 days
- January 31, 2022: N/A
- January 31, 2023: 69.43 days
- January 31, 2024: N/A
- January 31, 2025: N/A

The Days of Inventory on Hand measures how many days it takes for a company to turn its inventory into sales. A lower number indicates efficient inventory management. Box Inc reduced its inventory holding period from 85.19 days in 2021 to 69.43 days in 2023, suggesting improvements in inventory turnover efficiency.

2. Days of Sales Outstanding (DSO):
- January 31, 2021: N/A
- January 31, 2022: N/A
- January 31, 2023: N/A
- January 31, 2024: N/A
- January 31, 2025: N/A

The Days of Sales Outstanding ratio represents the average number of days it takes for a company to collect revenue after a sale. The lack of data for DSO indicates that information on the collection period of Box Inc's accounts receivable is not available for analysis.

3. Number of Days of Payables:
- January 31, 2021: N/A
- January 31, 2022: N/A
- January 31, 2023: N/A
- January 31, 2024: N/A
- January 31, 2025: N/A

The Number of Days of Payables shows the average number of days a company takes to pay its suppliers. A longer payable period can indicate better cash flow management for the company. The absence of data in this category implies a lack of information regarding Box Inc's payment terms with suppliers.

In conclusion, the provided data suggests that Box Inc has improved its inventory turnover efficiency over the years but lacks visibility into its accounts receivable collection period and accounts payable management. Further information would be needed to conduct a comprehensive analysis of the company's overall activity levels and working capital management.

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Long-term

The fixed asset turnover ratio for Box Inc has been showing a positive trend over the years, increasing from 2.17 in January 31, 2021, to 4.93 in January 31, 2023. However, the data is not available for January 31, 2024, and January 31, 2025. This indicates that the company is generating more revenue relative to its investment in fixed assets, which is a positive sign of operational efficiency and effective utilization of assets.

On the other hand, the total asset turnover ratio has been more volatile, starting at 0.57 in January 31, 2021, reaching a peak of 0.84 in January 31, 2024, and then slightly decreasing to 0.65 in January 31, 2025. This ratio indicates how efficiently the company is utilizing all its assets to generate revenue. While the ratio has shown fluctuations, it is important to further analyze the reasons behind these changes to understand the company's overall asset management and revenue generation efficiency.