Community Healthcare Trust Inc (CHCT)
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 | 0.94 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | — | — | — | — | 181.22 | — | — | — | — | — | — | — | — | 10.51 | — | — | — | — | — | 37.10 |
The receivables turnover ratio for Community Healthcare Trust Inc has been fluctuating over the past eight quarters, ranging between 4.67 and 5.96. This ratio indicates how efficiently the company is able to collect on its credit sales within a specific period. A higher receivables turnover ratio suggests a faster collection of receivables, which is generally favorable as it indicates a lower risk of bad debts and improved cash flow.
The working capital turnover ratio for the company has also shown variability, with values ranging from 2.23 to 3.02 over the same period. This ratio measures how efficiently the company is utilizing its working capital to generate sales revenue. A higher working capital turnover ratio indicates that the company is effectively using its resources to drive sales and generate revenue, which is a positive sign of operational efficiency.
Unfortunately, data on inventory turnover and payables turnover ratios are not available for the analysis. However, monitoring these ratios would provide further insights into the company's inventory management and payment policies with suppliers, respectively.
Overall, Community Healthcare Trust Inc's activity ratios, specifically the receivables turnover and working capital turnover ratios, reflect the company's effectiveness in managing its accounts receivable and working capital to drive revenue generation. Monitoring these ratios over time can help identify trends and potential areas for improvement in the company's operational efficiency.
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 | 388.06 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
The Days of Sales Outstanding (DSO) ratio for Community Healthcare Trust Inc has shown a fluctuating trend over the past eight quarters, ranging from a low of 61.24 days in Q1 2022 to a high of 78.24 days in Q1 2023. This ratio represents the average number of days it takes for the company to collect payment after making a sale, indicating the efficiency of its accounts receivable management.
The absence of data for Days of Inventory on Hand and Number of Days of Payables in the table suggests that this information may not be applicable for Community Healthcare Trust Inc, or it might not be disclosed consistently. These ratios typically provide insights into how efficiently the company manages its inventory and pays its suppliers, respectively.
Overall, the analysis indicates that while the company's Days of Sales Outstanding have shown some variability, further information on inventory management and payables turnover would provide a more comprehensive understanding of Community Healthcare Trust Inc's working capital management and operational efficiency.
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 | 0.83 | 0.80 | 0.83 | 0.83 | 0.83 | 0.92 | 0.92 | 0.94 | 0.93 | 0.92 | 0.90 | 0.87 | 0.90 | 0.90 | 0.88 | 0.87 | 0.89 | 0.89 | 0.92 | 0.96 |
| Total asset turnover | 0.12 | 0.11 | 0.12 | 0.11 | 0.11 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.11 | 0.11 | 0.12 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 |
Community Healthcare Trust Inc's long-term activity ratios, specifically the fixed asset turnover and total asset turnover, have remained relatively stable over the past 8 quarters. The fixed asset turnover ratio has consistently been at 0.13, indicating that the company generates $0.13 in sales for every $1 invested in fixed assets. This suggests that the company is efficiently utilizing its fixed assets to generate revenue.
On the other hand, the total asset turnover ratio has fluctuated slightly between 0.11 and 0.12. This ratio reflects the company's ability to generate sales relative to its total assets. While the fluctuations are not significant, it may indicate slight changes in the company's efficiency in utilizing its total assets to generate revenue.
Overall, the stable fixed asset turnover ratio and relatively consistent total asset turnover ratio suggest that Community Healthcare Trust Inc is efficiently using both its fixed and total assets to generate revenue over the analyzed period.