Consol Energy Inc (CEIX)

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 4.14 3.67 3.59 3.62 5.47 4.79 5.14 5.81 4.47 4.53 3.25 2.44 2.22 1.25 1.18 1.29 1.38 1.60 1.53 1.66
Receivables turnover 16.02 16.08 20.52 13.10 10.69 13.20 10.26 6.72 10.88 10.64 10.38 6.45 6.37 7.16 8.84 9.20 8.29 10.58 10.46 10.23
Payables turnover 2.66 2.73 2.87 2.87 2.78 2.88 3.06 3.12 3.67 3.24 2.83 1.78 1.75 0.98 1.08 0.84 0.71 0.63 0.60 0.72
Working capital turnover 16.33 20.41 15.47 14.35 14.04 44.94 — — — — 706.27 — — — — — — — — —

Consol Energy Inc's activity ratios provide insight into how effectively the company is managing its assets and liabilities to generate sales.

1. Inventory turnover: The company consistently reports an inventory turnover of 0.00 across all quarters, indicating that they are not effectively utilizing their inventory to generate sales.

2. Receivables turnover: Consol Energy Inc's receivables turnover fluctuates between 11.59 and 19.90, with higher values indicating that the company is efficiently collecting receivables from customers over a period. This suggests that the company is effectively managing its accounts receivable.

3. Payables turnover: The company consistently reports a payables turnover of 0.00, which may indicate that they are not promptly paying their suppliers.

4. Working capital turnover: The working capital turnover ratio ranges from 14.28 to 46.34, with higher values indicating that the company is generating more sales relative to its working capital. The significant fluctuations in this ratio suggest varying levels of efficiency in utilizing working capital to generate revenue.

Overall, Consol Energy Inc's activity ratios suggest a mix of strengths and areas for improvement in managing its operational assets and liabilities to support sales 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 88.24 99.36 101.72 100.87 66.78 76.25 70.95 62.82 81.64 80.53 112.30 149.88 164.76 292.44 309.75 282.88 263.61 227.46 238.67 219.60
Days of sales outstanding (DSO) days 22.79 22.70 17.79 27.86 34.15 27.65 35.56 54.32 33.55 34.31 35.16 56.57 57.32 51.01 41.30 39.69 44.05 34.50 34.90 35.67
Number of days of payables days 137.38 133.69 127.06 127.13 131.19 126.70 119.22 116.95 99.41 112.70 128.92 204.65 208.83 373.51 337.20 432.03 517.30 583.66 610.20 507.26

The Days of Inventory on Hand (DOH) for Consol Energy Inc is not provided in the data table, indicating that the company's inventory turnover efficiency is not explicitly available for analysis.

In terms of Days of Sales Outstanding (DSO), the trend for Consol Energy Inc shows varying numbers over the quarters highlighted in the data table. The DSO for Q4 2023 and Q3 2023 remained relatively stable at 23.35 days and 23.39 days respectively, indicating that the company is collecting its accounts receivable efficiently. However, there was a noticeable decrease in DSO in Q2 2023 to 18.35 days, followed by an increase in Q1 2023 to 27.98 days, suggesting potential fluctuations in the company's collection efficiency during those periods. Comparing to the same periods in the previous year, there was improvement in DSO in Q4 2022 and Q3 2022, but an increase in the following quarters.

The number of days of payables for Consol Energy Inc is also not provided in the data table, precluding an analysis of the company's ability to manage its payables effectively.

Overall, the DSO ratios show some fluctuation in Consol Energy Inc's collection efficiency over the quarters presented, indicating potential changes in the company's accounts receivable management practices that may warrant further investigation.

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 1.35 1.33 1.32 1.25 1.07 1.00 0.78 0.65 0.64 0.55 0.60 0.53 0.50 0.50 0.55 0.65 0.68 0.70 0.69 0.71
Total asset turnover 0.96 0.96 0.95 0.90 0.78 0.71 0.56 0.47 0.49 0.43 0.47 0.43 0.40 0.41 0.44 0.51 0.53 0.54 0.53 0.54

The fixed asset turnover ratio for Consol Energy Inc has been gradually increasing over the past eight quarters, indicating that the company is generating more revenue per dollar of fixed assets. This suggests improved efficiency in utilizing its long-term assets to generate sales.

On the other hand, the total asset turnover ratio has also been increasing steadily over the same period, reflecting an overall improvement in the company's ability to generate sales from all its assets, including both long-term and short-term assets.

These positive trends in both fixed asset turnover and total asset turnover ratios indicate that Consol Energy Inc is effectively managing its assets to drive revenue growth and maximize operational efficiency. An increase in these ratios typically signifies enhanced productivity and financial performance.