Core Natural Resources, Inc. (CNR)

Short-term

Turnover ratios

Core Natural Resources, Inc.'s activity ratios indicate varying levels of efficiency in managing its assets and working capital over the years.

1. Inventory turnover: The company's inventory turnover has shown a significant improvement over the years, increasing from 0.58 in 2020 to 6.07 in 2023, before slightly decreasing to 5.17 in 2024. This suggests that Core Natural Resources, Inc. has been able to sell its inventory more frequently in recent years, which is generally a positive sign of operational efficiency.

2. Receivables turnover: The data does not provide specific figures for the receivables turnover, suggesting that information regarding the company's efficiency in collecting payments from customers is not available. Without this data, it is challenging to assess the company's effectiveness in managing its accounts receivable.

3. Payables turnover: Similar to receivables turnover, information on payables turnover is not provided in the data. This ratio would typically reflect how quickly the company pays its suppliers, which is essential for managing cash flow and relationships with vendors.

4. Working capital turnover: Core Natural Resources, Inc.'s working capital turnover has fluctuated over the years, with a notable increase from 2020 to 2022 before stabilizing. A working capital turnover above 1 indicates that the company is efficiently using its working capital to generate sales, with higher turnovers generally considered favorable.

Overall, while the company's inventory turnover and working capital turnover show positive trends, the lack of information on receivables turnover and payables turnover makes it challenging to provide a comprehensive analysis of Core Natural Resources, Inc.'s complete activity ratio performance.

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Average number of days

Core Natural Resources, Inc.'s Days of Inventory on Hand (DOH) has shown a significant improvement over the years, decreasing from 628.74 days as of December 31, 2020, to 70.57 days as of December 31, 2024. This indicates that the company has been able to manage its inventory more efficiently, turning it over more quickly in recent years.

The Days of Sales Outstanding (DSO) and Number of Days of Payables data are not available, which may suggest that these specific activity ratios were not calculated or reported for the company during the respective periods.

Overall, the decreasing trend in the Days of Inventory on Hand is a positive indicator of improved inventory management efficiency for Core Natural Resources, Inc. It is important for the company to continue monitoring and managing its inventory levels effectively to ensure optimal operational performance and financial health.

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Long-term

The fixed asset turnover ratio for Core Natural Resources, Inc. indicates the efficiency with which the company utilizes its fixed assets to generate sales. From the available data, we observe a slight decline in the fixed asset turnover ratio from 1.39 in 2020 to 1.35 in 2021. However, data for the subsequent years 2022, 2023, and 2024 is not provided.

On the other hand, the total asset turnover ratio reflects how efficiently the company uses all its assets to generate revenue. Core Natural Resources, Inc. experienced a significant increase in total asset turnover from 0.16 in 2020 to 0.49 in 2021, showing an improvement in asset utilization. This ratio continued to rise in 2022 to 0.84 and further increased to 0.94 in 2023 before declining to 0.71 in 2024. Overall, the trend in total asset turnover indicates an initial improvement in asset utilization efficiency, followed by fluctuations in subsequent years.

Analyzing both ratios together can provide a more holistic view of Core Natural Resources, Inc.'s efficiency in utilizing its assets, specifically the fixed assets, to generate revenue over the years.