Clearway Energy Inc Class C (CWEN)

Short-term

Turnover ratios

Clearway Energy Inc Class C's activity ratios exhibit varying trends over the reporting periods.

1. Inventory Turnover: The inventory turnover ratio shows an overall increasing trend from March 31, 2020, to December 31, 2024. This indicates that Clearway Energy Inc Class C has been more efficient in managing its inventory, as it takes fewer days to sell its inventory.

2. Receivables Turnover: The receivables turnover ratio fluctuates over the periods provided. There is a mix of increasing and decreasing trends, suggesting some inconsistency in collecting receivables efficiently. The incomplete data for the latter periods limits a full assessment of the trend.

3. Payables Turnover: The payables turnover ratio indicates how quickly the company is paying its suppliers. The ratio initially fluctuates but shows a decreasing trend from March 31, 2023, to December 31, 2024. This may indicate a lengthening of payment periods to suppliers over time.

4. Working Capital Turnover: The working capital turnover ratio demonstrates how efficiently Clearway Energy Inc Class C is utilizing its working capital to generate revenue. The ratio fluctuates over time, indicating varying levels of efficiency in utilizing working capital.

In conclusion, Clearway Energy Inc Class C's activity ratios suggest different aspects of its operational efficiency and management of resources. Further analysis and comparison with industry benchmarks could provide more insights into the company's performance in these areas.

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Average number of days

Clearway Energy Inc Class C's activity ratios provide insights into the efficiency of the company's operations in managing inventory, collecting receivables, and paying its payables.

1. Days of Inventory on Hand (DOH):
- The DOH has shown a decreasing trend from 43.13 days as of March 31, 2020, to 46.63 days as of December 31, 2024. This indicates that Clearway Energy has been able to manage its inventory more efficiently over the years, holding less inventory on average to support sales.

2. Days of Sales Outstanding (DSO):
- The DSO initially fluctuated but showed an overall decreasing trend from 34.02 days as of March 31, 2020, to 40.87 days as of December 31, 2021. However, data for DSO is missing from June 30, 2023, onwards. Lower DSO values typically indicate faster collection of receivables and better liquidity for the company.

3. Number of Days of Payables:
- The number of days of payables has varied over the years, ranging from 42.04 days as of June 30, 2020, to 100.32 days as of December 31, 2023. This ratio reflects the number of days it takes Clearway Energy to pay its suppliers. A longer period may indicate a potential strain on the company's cash flow or may be a strategic move to optimize working capital.

In conclusion, Clearway Energy Inc Class C has shown improvements in inventory management and receivables collection over time, but the fluctuating trend in payables days indicates varying approaches to managing its payables.

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Long-term

The Fixed Asset Turnover ratio for Clearway Energy Inc Class C has been relatively stable around 0.16 to 0.19 over the past few years, indicating that the company generates around $0.16 to $0.19 in revenue for every dollar invested in fixed assets. This suggests that Clearway Energy is utilizing its fixed assets efficiently to generate sales.

On the other hand, the Total Asset Turnover ratio has shown a declining trend from 0.11 to 0.09 over the same period. This indicates that Clearway Energy is less effective in generating revenue from its total assets, which may be a concern.

Overall, while the company is efficient in using its fixed assets to generate revenue, there is a need to improve the utilization of its total assets to enhance overall efficiency and productivity.