CH Robinson Worldwide Inc (CHRW)
Activity ratios
Short-term
Turnover 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 27.49 | 16.17 | 18.67 | 20.47 | 21.23 | 59.55 | 69.37 | 78.43 | 92.71 | 24.32 | 15.68 | 14.45 | 15.63 | 17.94 | 16.82 | 15.51 | 14.71 | 14.15 | 16.21 | 19.16 |
CH Robinson Worldwide Inc's activity ratios provide insights into how efficiently the company manages its operations.
1. Inventory Turnover: The inventory turnover ratio measures how many times a company sells and replaces its inventory during a specific period. In this case, the data provided shows that there is no available information for inventory turnover from March 2020 to December 2024, indicating that details regarding inventory management efficiency are not disclosed.
2. Receivables Turnover: This ratio reflects how effectively the company collects outstanding receivables from its customers. Similar to inventory turnover, the data shows that there is no information available for receivables turnover from March 2020 to December 2024. The lack of data on receivables turnover limits the analysis of the company's ability to efficiently convert credit sales into cash.
3. Payables Turnover: Payables turnover ratio evaluates how quickly a company pays its suppliers. However, no data is provided for payables turnover from March 2020 to December 2024, making it difficult to assess its payment practices.
4. Working Capital Turnover: This ratio measures how efficiently the company utilizes its working capital to generate sales revenue. The trend observed in the data indicates fluctuations in working capital turnover over the years, with a significant increase in December 2022. The spike in working capital turnover in December 2022 might imply a sudden increase in sales relative to the amount of working capital invested.
In conclusion, while the working capital turnover ratio provides some insights into the efficiency of CH Robinson Worldwide Inc's working capital management, the absence of data for inventory turnover, receivables turnover, and payables turnover hinders a comprehensive analysis of the company's overall activity efficiency.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
The activity ratios of CH Robinson Worldwide Inc, specifically the Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables, have not been provided in the data provided. As a result, a detailed and comprehensive analysis of these activity ratios for the company cannot be performed accurately at this time.
Activity ratios are crucial in evaluating a company's operational efficiency, liquidity, and management of working capital. The DOH ratio indicates how many days a company holds inventory before selling it, with a lower number being favorable. The DSO ratio measures how long it takes for a company to collect revenue from its credit sales, with a lower DSO indicating better efficiency. The Number of Days of Payables ratio reflects how long a company takes to pay its bills to suppliers, with a longer period typically being advantageous for the company.
In order to conduct a meaningful analysis of CH Robinson Worldwide Inc's activity ratios, it would be necessary to obtain the actual values for DOH, DSO, and the Number of Days of Payables for the relevant periods. These values would provide insight into the company's inventory management, sales collection efficiency, and payment practices, allowing for a more informed assessment of its operational performance and financial health.
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 36.75 | 126.34 | 139.82 | 154.90 | 164.65 | 53.40 | 179.48 | 53.43 | 44.56 | 40.36 | 98.82 | 90.57 | 84.32 | 80.12 | 72.54 |
| Total asset turnover | 3.35 | 3.16 | 3.17 | 3.18 | 3.37 | 3.47 | 3.72 | 4.02 | 4.15 | 3.85 | 3.54 | 3.34 | 3.29 | 3.20 | 3.24 | 3.07 | 3.15 | 3.04 | 3.13 | 3.17 |
CH Robinson Worldwide Inc's long-term activity ratios provide insights into how effectively the company is utilizing its assets to generate sales.
1. Fixed Asset Turnover:
- The fixed asset turnover ratio measures the relationship between net sales and fixed assets owned by the company.
- From March 31, 2020, to March 31, 2024, the fixed asset turnover ratio exhibited fluctuations, with significant variations observed over the periods.
- The ratio increased from 72.54 on March 31, 2020, to a peak of 179.48 on March 31, 2022, indicating improved efficiency in utilizing fixed assets to generate sales.
- However, a sharp decline was noted from June 30, 2022, to December 31, 2023, before the ratio stabilized around 36.75 by September 30, 2023.
- No data is available for fixed asset turnover after March 31, 2024.
2. Total Asset Turnover:
- The total asset turnover ratio reflects the company's ability to generate sales in relation to the total assets it holds.
- Over the analyzed period, the total asset turnover ratio ranged from 3.04 on September 30, 2020, to 4.15 on December 31, 2022, showing an increasing trend overall.
- The ratio generally exhibited an upward trajectory, peaking at 4.15 on December 31, 2022, before slightly decreasing to 3.35 by December 31, 2024.
- The company's efficiency in utilizing total assets to generate sales improved over the periods, indicating effective asset management.
In conclusion, the analysis of CH Robinson Worldwide Inc's long-term activity ratios suggests fluctuations in asset utilization efficiency but an overall improvement in generating sales relative to fixed and total assets. Further examination of the company's operational strategies and asset management practices may provide deeper insights into the observed trends.