Charter Communications Inc (CHTR)

Activity ratios

Short-term

Turnover ratios

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover	—	—	—	—	—
Receivables turnover	18.42	18.49	20.04	21.85	20.55
Payables turnover	6.08	5.10	6.90	7.02	7.38
Working capital turnover	—	—	—	—	—

Inventory Turnover: The data for inventory turnover is not available for the years provided.

Receivables Turnover: Charter Communications Inc. had a receivables turnover of 18.42 in 2023, 18.49 in 2022, 20.04 in 2021, 21.85 in 2020, and 20.55 in 2019. This ratio indicates how efficiently the company is able to collect its outstanding receivables during the year. The trend shows a slight decrease in receivables turnover over the years, which could suggest a longer collection period.

Payables Turnover: The payables turnover for Charter Communications Inc. was 0.00 for all the years provided, except for 2019 where it was relatively higher at 37.18. A low payables turnover ratio may indicate that the company is taking longer to pay its suppliers, which could have implications for cash flow management.

Working Capital Turnover: The data for working capital turnover is not available for the years provided.

Overall, based on the activity ratios analyzed, Charter Communications Inc. may need to focus on improving its receivables turnover and payables turnover ratios to enhance its operational efficiency and cash flow management in the future.

Average number of days

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Days of inventory on hand (DOH)	days	—	—	—	—	—
Days of sales outstanding (DSO)	days	19.82	19.74	18.21	16.70	17.76
Number of days of payables	days	60.03	71.57	52.88	51.98	49.44

Days of inventory on hand (DOH) data is not available for Charter Communications Inc. for the years listed.

The Days of Sales Outstanding (DSO) has shown a slightly increasing trend from 16.70 days in 2020 to 19.82 days in 2023. This indicates that it takes Charter Communications Inc. longer to collect on its sales, which may suggest a potential issue with accounts receivable management.

The number of days of payables is not provided for the years mentioned except for 2019, where it was 9.82 days. This implies that Charter Communications Inc. took approximately 9.82 days to pay its suppliers in 2019. Without data for the following years, it is challenging to assess the company's payment practices and their impact on liquidity.

In conclusion, the DSO metric shows a slight deterioration over the years, indicating a potential inefficiency in collecting receivables for Charter Communications Inc. The lack of information on DOH and payables makes it difficult to provide a comprehensive analysis of the company's activity ratios.

Long-term

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Fixed asset turnover	1.38	1.50	1.51	1.40	1.32
Total asset turnover	0.37	0.37	0.36	0.33	0.31

The long-term activity ratios of Charter Communications Inc., specifically the fixed asset turnover and total asset turnover, provide insights into the company's efficiency in generating sales revenue relative to its investment in assets over the years.

The fixed asset turnover ratio has shown a slight decrease from 1.50 in 2022 to 1.38 in 2023. This indicates that Charter Communications Inc. generated $1.38 in sales for every dollar invested in fixed assets during 2023. Although there was a reduction in the ratio, it still demonstrates that the company efficiently utilizes its fixed assets to generate revenue.

On the other hand, the total asset turnover ratio has remained relatively stable, hovering around 0.37 for the past few years. This means that Charter Communications Inc. generates $0.37 in sales for every dollar invested in total assets. The consistent total asset turnover ratio suggests that the company is effectively utilizing all its assets, both fixed and current, to generate revenue.

Overall, the analysis of Charter Communications Inc.'s long-term activity ratios indicates that the company has been maintaining a consistent level of efficiency in generating sales revenue in relation to its investment in assets, with a slight decrease in fixed asset turnover in 2023. This stability reflects the company's ability to effectively manage its assets to drive business operations and generate value for its stakeholders.