Peabody Energy Corp (BTU)

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 1.97 1.99 2.23 2.01 2.25 1.64 1.81 1.72 2.04 2.17 2.17 8.08 7.52 5.90 6.32 1.76 1.13 0.33 0.20 0.20
Receivables turnover 15.35 18.15 20.11 16.01 11.97 11.94 8.06 10.38 10.81 11.77 12.81 20.47 15.93 22.74 25.27 18.34 16.33 19.07 15.15 14.45
Payables turnover 2.51 — — — 2.77 — — — 2.29 — — — 13.45 — — — 1.48 — — —
Working capital turnover 4.75 4.88 5.29 5.59 3.43 4.42 3.14 3.40 3.81 5.69 5.98 5.58 4.58 — 4.72 6.88 7.24 7.38 6.48 6.53

Peabody Energy Corp's inventory turnover has shown fluctuation over the periods analyzed, ranging from a low of 0.20 to a high of 8.08. The company's ability to manage its inventory efficiently improved in the recent quarters, with the ratio trending upwards. This indicates that the company is selling its inventory more frequently compared to the past, which can lead to lower holding costs and potentially higher profits.

The receivables turnover ratio reflects the efficiency of Peabody Energy Corp in collecting outstanding payments from customers. The company has shown a consistent ability to collect receivables quickly, with a general uptrend in the ratio over the periods studied. This suggests that the company has effective credit and collection policies in place.

Payables turnover, which measures how quickly the company pays its suppliers, shows some variability in the available data. The ability to analyze this trend is limited due to missing data points. However, the ratios available indicate that Peabody Energy Corp generally takes a reasonable amount of time to pay off its bills.

The working capital turnover ratio provides insight into how efficiently the company is utilizing its working capital to generate sales. Peabody Energy Corp's performance in this area has been relatively stable over time, with fluctuations seen across different quarters. A higher turnover ratio is generally preferred as it indicates that the company is generating more revenue per dollar of working capital.

In conclusion, Peabody Energy Corp has shown improvements in inventory turnover and receivables turnover, indicating better efficiency in managing its assets and collecting payments. The analysis of payables turnover and working capital turnover is somewhat limited due to missing data points, but the available information suggests satisfactory performance in these areas as well.

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 185.56 183.28 163.48 181.84 162.20 223.07 201.90 212.32 179.22 168.57 168.44 45.15 48.52 61.88 57.78 207.60 321.72 1,120.85 1,854.36 1,859.63
Days of sales outstanding (DSO) days 23.78 20.11 18.15 22.80 30.50 30.58 45.29 35.15 33.77 31.02 28.50 17.83 22.92 16.05 14.45 19.90 22.35 19.14 24.08 25.27
Number of days of payables days 145.47 — — — 131.86 — — — 159.46 — — — 27.14 — — — 247.28 — — —

Peabody Energy Corp's Days of Inventory on Hand (DOH) has shown fluctuations over the periods analyzed, ranging from as low as 45.15 days to as high as 1,859.63 days. The trend indicates significant variability, with a recent increase in DOH from 168.44 days to 185.56 days by December 31, 2023.

Days of Sales Outstanding (DSO) has also displayed variability, but to a lesser extent compared to DOH. DSO ranged from 14.45 days to 45.29 days, with the latest figure at 23.78 days by December 31, 2023, showing a slight increase from previous periods.

In terms of the number of days of payables, the data is incomplete, with significant gaps in information. However, the available figures indicate fluctuations in payment periods, ranging from 27.14 days to 247.28 days, further highlighting the variability in Peabody Energy Corp's payment practices.

Overall, the analysis of activity ratios suggests that Peabody Energy Corp has experienced fluctuations in managing its inventory, sales collection, and payment processes. These fluctuations may indicate changes in operating efficiency and liquidity management within the company.

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 1.74 1.90 1.99 1.99 1.74 1.64 1.39 1.17 1.12 0.95 0.93 0.89 0.94 1.04 1.16 0.92 0.99 1.00 1.05 1.04
Total asset turnover 0.83 0.93 0.96 0.97 0.89 0.85 0.75 0.68 0.67 0.63 0.62 0.60 0.62 0.67 0.75 0.68 0.71 0.72 0.74 0.73

The fixed asset turnover ratio of Peabody Energy Corp has exhibited fluctuations over the past five years, ranging from 0.89 to 1.99. This ratio measures how efficiently the company generates revenue from its investment in fixed assets. A higher ratio indicates better utilization of fixed assets to generate sales.

On the other hand, the total asset turnover ratio has shown a similar trend, varying between 0.60 and 0.97 during the same period. This ratio reflects the company's ability to generate sales from its total assets. A higher ratio suggests that the company is effectively using its assets to generate revenue.

Overall, both ratios have generally shown an increasing trend, indicating improvement in the company's efficiency in generating sales from its assets over the years. However, periodic fluctuations suggest that there may be factors impacting the company's asset utilization efficiency that require further monitoring and analysis.