The Cooper Companies, Inc. Common Stock (COO)

Activity ratios

Short-term

Turnover ratios

Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020
Inventory turnover 3.78 3.86 3.84 3.99 3.97 3.01 3.02 3.12 3.19 4.69 4.76 4.66 4.50 4.36 4.14 4.08 4.05 3.35 3.56 3.37
Receivables turnover 5.39 5.07 5.30 5.46 5.72 5.38 5.87 5.64 5.79 5.84 5.84 5.71 5.62 5.28 5.39 5.29 5.51 5.35 6.78 6.48
Payables turnover 11.65 13.55 12.91 14.75 11.16 9.60 8.71 9.17 8.07 12.82 15.61 18.37 16.31 16.75 17.01 16.93 13.14 11.05 15.72 12.51
Working capital turnover 4.16 3.92 4.02 4.29 4.74 4.73 5.10 4.96 12.74 14.30 34.59 89.03 3.95 6.87 8.01 7.26 8.90 12.52 17.75 32.47

The inventory turnover ratio for The Cooper Companies, Inc. Common Stock has been relatively stable over the past few quarters, ranging from 3.01 to 4.76. This indicates that the company is efficiently managing its inventory levels, with an average of around 4 times per year.

The receivables turnover ratio has also shown consistency, fluctuating between 5.07 and 6.78. This suggests that the company is collecting its accounts receivable in a timely manner, with an average turnover of approximately 5.5 times per year.

On the other hand, the payables turnover ratio has varied significantly, ranging from 8.07 to 18.37. This could indicate changes in the company's payment terms with suppliers, with an average turnover of around 13 times per year.

The working capital turnover ratio has exhibited a wide range, from 3.92 to 89.03, indicating fluctuations in the efficiency of the company's working capital management. The company's ability to generate revenue relative to its working capital has varied greatly over the periods analyzed.

Overall, while inventory and receivables turnover ratios show stable patterns, the payables turnover and working capital turnover ratios highlight fluctuations that may necessitate further investigation into the company's operational and financial management.

Average number of days

Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020
Days of inventory on hand (DOH) days 96.55 94.59 95.04 91.42 91.87 121.31 120.77 117.04 114.26 77.88 76.69 78.41 81.17 83.75 88.20 89.54 90.02 109.03 102.53 108.45
Days of sales outstanding (DSO) days 67.70 71.97 68.90 66.80 63.80 67.81 62.21 64.72 63.05 62.50 62.52 63.98 64.99 69.09 67.72 68.98 66.20 68.21 53.82 56.34
Number of days of payables days 31.33 26.95 28.28 24.74 32.71 38.01 41.88 39.79 45.22 28.47 23.38 19.87 22.37 21.80 21.46 21.56 27.77 33.03 23.22 29.19

The Days of Inventory on Hand (DOH) for The Cooper Companies, Inc. Common Stock have shown fluctuations over the past two years. On average, the company held inventory for approximately 90 days in the recent period, indicating an improvement in inventory management efficiency compared to previous periods.

The Days of Sales Outstanding (DSO) have also shown variability but have generally remained in the range of 60-70 days over the past two years. This suggests that the company takes about 2-3 months to collect its accounts receivable, which is in line with industry norms.

The Number of Days of Payables has fluctuated between approximately 20-45 days over the past two years. A lower number of days of payables indicates that the company is paying its suppliers more quickly, which could be beneficial for maintaining good relationships with vendors.

Overall, the activity ratios suggest that The Cooper Companies, Inc. Common Stock has made efforts to improve inventory management efficiency and maintain steady accounts receivable collection practices. However, the company may need to manage its payables more effectively to ensure optimal working capital management.

Long-term

Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020
Fixed asset turnover 2.08 2.14 2.13 2.11 2.14 2.21 2.22 2.24 2.28 2.33 2.27 2.20 2.15 2.15 2.02 1.87 1.87 1.95 2.09 2.26
Total asset turnover 0.31 0.31 0.30 0.30 0.30 0.29 0.29 0.28 0.28 0.27 0.26 0.26 0.30 0.29 0.29 0.27 0.36 0.36 0.38 0.40

The long-term activity ratios for The Cooper Companies, Inc. Common Stock provide insight into the efficiency with which the company utilizes its assets to generate sales over an extended period.

1. Fixed asset turnover: This ratio indicates how effectively the company generates sales revenue from its fixed assets. The trend shows a relatively stable performance over the past few years, ranging between 2.02 and 2.33. This suggests that the company has been efficient in utilizing its fixed assets to generate sales.

2. Total asset turnover: This ratio measures how well the company generates sales in relation to its total assets. The trend indicates a relatively consistent performance, fluctuating between 0.26 and 0.40. The lower ratios suggest that the company has a lower level of sales generated from its total assets, indicating a longer asset turnover cycle.

Overall, while the fixed asset turnover ratio demonstrates consistent efficiency in generating sales from fixed assets, the total asset turnover ratio suggests a lower level of sales generated from total assets. The company may need to focus on improving its overall asset utilization to enhance its long-term profitability.