CenterPoint Energy Inc (CNP)
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 | 6.54 | 6.48 | 6.58 | 7.13 | 6.51 | 6.84 | 7.91 | 7.53 | 6.76 | 6.28 | 8.58 | 10.39 | 8.46 | 8.37 | 11.06 | 12.69 | 8.98 | 10.50 | 14.32 | 20.70 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 25.72 | 19.73 | 12.79 | 9.97 | — | — | — | — | — | — | 70.16 | — | 2.72 | 2.53 | 4.40 | — | — | — | — | 89.65 |
CenterPoint Energy Inc's Inventory turnover ratio has shown a declining trend from 20.70 on March 31, 2020, to 6.54 on December 31, 2024. This indicates that the company's efficiency in managing its inventory has decreased over the period, which may suggest issues such as overstocking or slow-moving inventory.
The Receivables turnover ratio and Payables turnover ratio are not available, as indicated by the absence of data for all periods provided. Without this information, it is not possible to assess the efficiency of CenterPoint Energy Inc in collecting receivables or managing payables.
The Working Capital turnover ratio shows fluctuating values over the period. It was highest at 89.65 on March 31, 2020, and lowest at 2.53 on September 30, 2021. The ratio increased again towards the end of the period, reaching 25.72 on December 31, 2024. This indicates varying levels of efficiency in utilizing working capital to generate sales revenue during the period.
In conclusion, CenterPoint Energy Inc's Inventory turnover ratio has declined over the years, while the Working Capital turnover ratio has shown fluctuations. However, due to missing data, a comprehensive analysis of the Receivables turnover and Payables turnover ratios is not possible.
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 | 55.84 | 56.29 | 55.45 | 51.21 | 56.10 | 53.38 | 46.12 | 48.45 | 53.97 | 58.13 | 42.52 | 35.11 | 43.13 | 43.59 | 33.01 | 28.75 | 40.65 | 34.76 | 25.48 | 17.63 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
CenterPoint Energy Inc's Days of Inventory on Hand (DOH) has shown fluctuations over the past few years, ranging from a low of 17.63 days to a high of 58.13 days. The company's inventory turnover efficiency seems to have improved in recent periods as the DOH decreased from 58.13 days in September 2022 to 55.84 days in December 2024.
The Days of Sales Outstanding (DSO) and Number of Days of Payables data are not provided, which limits a comprehensive analysis of the company's liquidity and working capital management efficiency. However, based on the available DOH data, CenterPoint Energy Inc may be managing its inventory levels more effectively in recent years, although further analysis with additional ratios is recommended for a complete financial evaluation.
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 | — | — | — | — | — | 0.32 | 0.33 | 0.34 | 0.34 | 0.34 | 0.35 | 0.35 | 0.36 | 0.36 | 0.36 | 0.34 | 0.33 | 0.40 | 0.46 | 0.52 |
| Total asset turnover | 0.20 | 0.20 | 0.21 | 0.21 | 0.22 | 0.24 | 0.24 | 0.25 | 0.24 | 0.24 | 0.24 | 0.24 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.26 | 0.30 | 0.33 |
The fixed asset turnover ratio measures how efficiently CenterPoint Energy Inc is utilizing its fixed assets to generate revenue. Over the analyzed periods, the fixed asset turnover ratio has been gradually declining, suggesting a decrease in the company's ability to generate sales from its fixed assets. This could indicate potential underutilization or inefficiency in the management of fixed assets.
On the other hand, the total asset turnover ratio reveals how effectively CenterPoint Energy is using all its assets to generate revenue. The total asset turnover ratio has also experienced a decline over the years, indicating a reduction in the company's overall efficiency in generating sales from its total assets. This could imply decreased productivity or potential inefficiencies in the utilization of both fixed and current assets.
Overall, the declining trend in both the fixed asset turnover and total asset turnover ratios for CenterPoint Energy Inc may indicate a need for the company to review and optimize its asset utilization strategies to improve operational efficiency and profitability in the long term.