Crane NXT Co (CXT)

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 5.67 4.68 4.38 4.36 6.65 8.08 9.43 3.32 3.83 3.95 4.05 4.43 4.62 4.49 4.14 4.21 4.18 4.14 4.08 4.19
Receivables turnover — — — — — — — — — — — — — — — — 6.38 6.63 6.75 5.88
Payables turnover — — — — — — — — — — — — — — — — 9.03 8.36 8.57 8.19
Working capital turnover 18.56 8.29 13.28 4.14 6.15 7.59 7.38 3.90 10.79 7.00 3.31 3.96 4.44 3.22 3.28 4.69 5.34 6.09 7.46 8.23

The Inventory Turnover ratio for Crane NXT Co has been relatively stable and ranged between 3.32 and 9.43 over the period reviewed. The trend indicates that the company is efficiently managing its inventory levels, with a slight dip in performance noted in the most recent periods.

The Receivables Turnover ratio was only available for the early periods, showing values between 5.88 and 6.75. However, there is no recent data available to assess the company's efficiency in collecting receivables.

The Payables Turnover ratio was provided only for the initial periods, ranging between 8.19 and 9.03. Similar to receivables turnover, there is a lack of recent data to evaluate how quickly the company is paying its suppliers.

The Working Capital Turnover ratio shows fluctuating values between 3.22 and 18.56 over the period analyzed. The ratio indicates how efficiently Crane NXT Co is generating revenue relative to its working capital. The significant variation in this ratio suggests fluctuations in the company's ability to generate sales with the available working capital.

In conclusion, while the inventory turnover of Crane NXT Co appears to be relatively stable, there is a lack of recent data for receivables and payables turnover ratios. The working capital turnover ratio shows significant fluctuations, which may indicate varying efficiency in generating revenue compared to the working capital employed. It is important for the company to consistently monitor and improve these activity ratios to enhance overall operational efficiency.

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 64.32 78.01 83.25 83.74 54.92 45.18 38.71 109.87 95.42 92.38 90.21 82.46 79.06 81.24 88.24 86.77 87.32 88.15 89.42 87.18
Days of sales outstanding (DSO) days — — — — — — — — — — — — — — — — 57.20 55.03 54.10 62.03
Number of days of payables days — — — — — — — — — — — — — — — — 40.42 43.65 42.61 44.56

Crane NXT Co's activity ratios provide insight into how effectively the company manages its operational processes.

Days of Inventory on Hand (DOH) for Crane NXT Co has fluctuated over the past few years, ranging from a low of 38.71 days to a high of 109.87 days. A lower DOH typically indicates efficient inventory management, while a higher DOH may suggest excess inventory levels or slow-moving stock. Crane NXT Co should monitor its inventory levels closely to optimize working capital and minimize carrying costs.

Days of Sales Outstanding (DSO) information is missing for most periods, indicating that precise analysis of this ratio is not possible. DSO measures how long it takes for the company to collect payments for sales made on credit. A lower DSO implies efficient credit management and timely collection, while a higher DSO may indicate issues with collections or credit terms. Crane NXT Co should strive to improve its credit policies and collection processes to enhance cash flow.

The Number of Days of Payables, also missing for most periods, measures how long it takes for the company to pay its suppliers. A longer payable period can provide working capital advantages, but could strain supplier relationships if not managed effectively. Crane NXT Co should focus on optimizing payment terms to balance cash flow needs with maintaining positive supplier relations.

In conclusion, monitoring and managing these activity ratios effectively are crucial for Crane NXT Co to enhance operational efficiency, working capital management, and overall financial performance.

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 — — — — — 9.69 11.28 5.54 9.62 5.76 5.69 — — — — — 4.81 4.89 5.02 5.27
Total asset turnover 0.62 0.60 0.58 0.66 0.89 1.13 1.29 0.65 0.65 0.69 0.65 0.78 0.75 0.72 0.68 0.62 0.60 0.63 0.65 0.72

Crane NXT Co's fixed asset turnover ratio has shown fluctuations over the past few years, ranging from 4.81 to 11.28. The significant increase in December 31, 2022, and June 30, 2023, indicates that the company became more efficient in generating sales from its fixed assets during those periods. However, this ratio dropped afterward, demonstrating a potential decrease in asset efficiency.

In contrast, the total asset turnover ratio for Crane NXT Co has also been variable, with values ranging from 0.60 to 1.29. The ratio peaked at 1.29 on June 30, 2023, indicating that the company was highly effective in utilizing its total assets to generate revenue during that period. Subsequently, the ratio decreased to 0.58 on June 30, 2024, suggesting a potential decrease in asset efficiency.

Overall, the analysis of both fixed asset turnover and total asset turnover ratios for Crane NXT Co indicates varying levels of efficiency in asset utilization over the years, which may require further investigation to understand the underlying factors influencing these fluctuations.